This property features three 6-unit buildings with lots of green space. Six 2-Bedroom Units and twelve 1-Bedroom units. City park directly across the street. Most units have been upgraded with new windows, flooring, bathrooms, kitchens, and fixtures. Residents enjoy private entrances. Independent HVAC for each unit. Residents pay their own gas and electric. Common laundry room in each building - laundry machines are owned. 1 Outbuilding with a 2 stall garage. Zoning recently revised to R3A - Medium Density - this allows for construction of additional units. Current rents are the lowest available in the area. Historically low vacancy. Value-Add opportunities include: Current rents are below market value, add additional units, increase laundry income, current owner is not using RUBS for common utilities. Convenient location on the bus line near 35W. Very spacious setting. Contact agent for additional information.
Listing courtesy of Jonathan L. Gleisner, RES Realty
