Courtesy of: Cathy Algas, Keller Williams Premier Realty, cathy@touchstonepeoria.com
Courtesy of: Cathy Algas, Keller Williams Premier Realty, cathy@touchstonepeoria.com
$309,000
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Other
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$309,000
2405 N SHERIDAN Road 4 Apartments total. Unit 1 is a main level and Unit 2 is an upper unit these are the same floor plan. Each has 3 bedrooms with 1 bath offering large living room and dining room. 1300 square feet each these Apartments are spacious and have natural woodwork and wood floors. Unit 3 is a 1 bedroom with its own private entrance off the back side and Parking in back. Unit 4 is a studio this unit has street front, lower level entrance. This Brick property has all new windows. Roof was done in 2015 and is well maintained. Fully rented. Monthly income is $3075. Annual income $36, 900. At the ask price this is a 7.7% cap rate calculated with 35% in expenses. Currently the owner pays water. Tenants pay their own Gas and Electric. Tenants rights will need 24- 28 hours to confirm showings. Currently has single person management team. Leases and rent rolls available.
Courtesy of: Cathy Algas, Keller Williams Premier Realty, cathy@touchstonepeoria.com
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