Owner has put over $140,000 in improvements into the building. Building has new flat roof, new parking lot, new separate electric service for each unit, new pex and pvc plumbing. This building used to be a hotel so 6 units have separate entrances. 2 units are rent-able with a little bit of clean up and paint. 3 additional units are to drywall stage and just needs mud, tape, paint cabinets, flooring trim and fixtures to finish off units. all new plumbing on 2nd floor has been run to basement and upstairs is framed out for 6 additional units. This could be a great opportunity for a handy person who wants to live in one unit while they finish the other units. Current owners have taken it as far as they can and just needs the right buyer who sees the potential to finish it. Current owner gets 2-4 calls per month to rent units and has no problem renting for $500-$600 per unit.
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Listing information last updated on October 23rd, 2019 at 3:20am CDT.