Superb westside location! 8-units: (2) 3-bedrm apts, 1 is brand new, w/appliances and w/d hookups, new windows, and (6) commercial units. Much rehab done on exterior & interior in recent years. No plowing or landscaping required. 2nd floor tenant pays electric; 3rd floor is all new inside, tenant pays electric, hot air heat, hot water. Commercial units pay own electric;5 commercials heated by seller, one newer gas furnace, but laundromat pays his own heat, hot water. Long-term owner and long-term tenants; rents can easily be raised for a value-add feature. 2 recently vacated commercial units, mostly remodeled: ideal for buyer-user or seller could lease them out. (Why pay for someone's business when you can fit-up and stock like new?) Ideal for salon, restaurant, commercial kitchen, ethnic or variety shop, offices, or any type business. Brick and aluminum siding. (6 Commercial present units are laundromat, pasta- catering/bakery, church, Karate/gym,plus 2 available). A good investment!
7+% Cap rate on $106+K net. Lots of value add! Nice open area near St Mary's Church.