This two story, two unit apartment building is situated just outside of the City Limits, has been completely updated throughout, and is in excellent condition. Building has been vacated so the apartments can be easily shown. Situated on a 1.35 acre site, farmhouse style building offers two townhouse units, one with two bedrooms and 1 1/2 baths, and the other with one bedroom and 1 1/2 baths. Individual laundry facility in each apartment. Both units have been renovated and improved w/all new floor coverings, new drywall finishes, new kitchen & baths, and appliances conveying w/each apartment. Exterior finishes include vinyl siding and replacement windows. Rental history reveals that the two bedroom unit has rented for $550 and the one bedroom unit for $450, for a total gross income yield of $12,000 per year. Individual room heat pumps furnish heating and cooling to each room. Both units are separately metered so that tenants pay both electrical and water expenses. Ample paved tenant parking w/a circular driveway. This is an above average rental property, ideal for investors, or, live in one unit and rent the other, deriving the income from the extra rental unit. Both apartments are in move in condition and the realistic price is well supported by the income generated. Brokered And Advertised By: Russ Swanay Real Estate Listing Agent: David Collins
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