Opportunity for savvy investor to acquire a multi-family property for significantly less than market value. Property sits on 1.7 acres with 11 contiguous units varied between one bedroom and studio apartments with an additional 4 units that are detached. Property also has a large storage area that used to be a bar many years ago in addition to the 15 units. Property has private well but is run off city sewer services. Currently 4 units are rented at an average of $450 in rent. Property is a legal non confirming zoned AL20. Property needs work but can be brought up to a great cash flowing property. Some units are separately metered for gas & electric approx 10 units share single electric meter although they have separate gas hookup.
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Last Updated On: 2017-06-26.