Great investment opportunity! Two apartment buildings located on large corner lot. Twenty 2 bedroom apartments fully rented - all on a month-to-month basis. $11,050 monthly income with $18,520 in security deposits. 4 long term tenants have lower rents. 16 units have been updated with laminate flooring. Tenants provide own appliances and window A/C. New trussed roofs approx. 15 years old. Each unit has own assigned parking space. Blacktop parking lot sealed and painted 2021. Basements could offer coin operated washers and dryers and be divided for extra storage. Owner did own lawn care. Preapproval letter required with appointment request.
Listing Features
Type
Building
Land
Zoning
RM2
County
Tazewell
Water/Sewer
Public Sewer
Total Sq. Ft.
9987
Year Built
1966
Approximate Lot Size
120x262
Directions
Koch St to S. 4th - R @ Herman
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed
reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate
professionals.
This listing compliments of RE/MAX Traders Unlimited
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed
reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate
professionals.
Mike O'Bryan
E-mail Listing Sheet
Format Page for Print
