Description
INVESTOR ALERT " TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s " the adjoin each other * 5 unit apt building at 118 S. Main itself is an Outstanding Value and Great Income Producer " amazing Cap Rate of approx. 13% based on Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt. #4 has w/d hookups * Tenants pay electric * Small garage in rear *
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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2,795SQFT
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$63$/SQFT
School Information
Description
INVESTOR ALERT " TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s " the adjoin each other * 5 unit apt building at 118 S. Main itself is an Outstanding Value and Great Income Producer " amazing Cap Rate of approx. 13% based on Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt. #4 has w/d hookups * Tenants pay electric * Small garage in rear *
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-05-31T22:40:16.147.
Innsbrook Properties: 636-928-3366 x9199
Listing provided courtesy of Edge Realty: 3358111. Listing information © 2023 Mid America Regional Information Systems, Inc.