4 unit apartment building with great tenants. 402 16th Street features (three) 2-bedroom apartments and a 1-bedroom apartment. Current total rents are $2,200 per month. Landlord pays most utilities, total expenses(including taxes, insurance, and utilities) run approximately $1,200 per month. This multi unit includes a storage shed, off-street parking for four cars, back yard, and commercial driers/laundry in the basement. Two of the apartments have had recent upgrades including carpet, vinyl flooring and fresh paint. Each apartment features a living room, kitchen/dining room, bathroom, stove, and refrigerator. Oil hot water heat and metal roof. Current rents are $575 (x3) for the two bedroom apartments and $475 for the one bedroom apartment. Leases in place. Rents could be raised due to recent improvements. There are also coin operated dryers in the basement which bring in approximately $50 per month. For sale by owner, bring offers, $68,000 obo.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
