$1,325,000

The property is an 8-plex multi-family, two-story masonry building with a Gross Building Area of 6,240 sf. according to appraisal. There are 8 apartments with 4 apartments on each level. The basement is unfinished with an owned, coin-op laundry area and tenant storage closets. The apartments are two bedrooms with a kitchen and living room. There is a full bath in each unit. Building has electric baseboard heat and a wall air conditioning unit per apartment. There are separate electric meters per apartment. Tenants pay for electricity and the lessor pays for real estate taxes, insurance, snow plowing, lawn care, common area electricity and hot/cold water and sewer. New (2023) tankless on-demand gas water heaters in basement that supply hot water for all units, as well as a new owned water softener system in 2022. Storage shed on site conveys with property. Detailed income, expenses, and lease information will be provided upon signing of a non-disclosure agreement.