Unit 1 (Left)
2 Bed 1 Bath Unit
– Currently rented at $525/mo through April 2022
– Units are individually metered for gas and electric
– Tenant pays gas and electric and owner pays sewer/water/trash which is around $100 per quarter
Unit 2 (Right)
2 Bed 1 Bath Unit
– Unoccupied
– Pro forma rent for this unit is $650/mo
– Newly remodeled with fresh paint, new carpet, lighting, bathroom, and linoleum floors
Property features:
– Total pro forma rent is $1,175/mo
– Newer electrical fenced in backyard
– 2-car detached garage in the back of the lot
– Off-street and on-street parking available
– Property just underwent city inspection in 2020 and passed on all aspects
– Roof plumbing and electrical are all in good order
– Basement can sometimes collect a bit of moisture
Note: Only unit 2 is available for showings. Please do not disturb the tenants in Unit 1. Both units are nearly identical in layout but Unit 1 has not been remodeled.
Dropbox w/ financials: https://www.dropbox.com/sh/kirkkh3y0v8v7cx/AACU0tvJlqKP5vS8s-lgOcmYa?dl=0