Description
Classic brick 4-unit apartment building. Current gross rents are over $57,000/year and owner believes they could be increased. Two lease extensions have been signed to bring the gross rents up even higher! Laundry is leased to a local laundry service for additional income without the headache of maintaining laundry machines. Well-maintained, money making, 4-unit apartment building for less than $140,000/unit. Each unit includes 2-bedrooms, 1 bathroom, kitchen, living room, storage, and assigned parking. Conveniently close to Warner Park, Willy Street Coop, multiple restaurants, and the beautiful Lake Mendota. Broker owned. Seller is FIRM on price.
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Classic brick 4-unit apartment building. Current gross rents are over $57,000/year and owner believes they could be increased. Two lease extensions have been signed to bring the gross rents up even higher! Laundry is leased to a local laundry service for additional income without the headache of maintaining laundry machines. Well-maintained, money making, 4-unit apartment building for less than $140,000/unit. Each unit includes 2-bedrooms, 1 bathroom, kitchen, living room, storage, and assigned parking. Conveniently close to Warner Park, Willy Street Coop, multiple restaurants, and the beautiful Lake Mendota. Broker owned. Seller is FIRM on price.
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