Description
Attention investors, 8.3% cap with current below market rents, 9.5% cap with market value rents. This four unit property consists of two separate duplexes on one parcel. Updated 100 amp electrical services for all apartments, with separate laundry rooms in each apt. Each building has tenant paid utilities, brick house has new high efficiency propane fired Rinnai direct vent heaters with back up electric heat, the wooden shake sided house has two oil fired hot water boilers, refinished hardwood floors, and new windows. Each apartment is two bedroom one bath with large living rooms and wood burning fireplaces. Private quiet country setting. Property is serviced by two wells and a septic system.
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8BEDS
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1.3ACRES
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4BATHS
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01/2 BATHS
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3,664SQFT
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$153$/SQFT
Description
Attention investors, 8.3% cap with current below market rents, 9.5% cap with market value rents. This four unit property consists of two separate duplexes on one parcel. Updated 100 amp electrical services for all apartments, with separate laundry rooms in each apt. Each building has tenant paid utilities, brick house has new high efficiency propane fired Rinnai direct vent heaters with back up electric heat, the wooden shake sided house has two oil fired hot water boilers, refinished hardwood floors, and new windows. Each apartment is two bedroom one bath with large living rooms and wood burning fireplaces. Private quiet country setting. Property is serviced by two wells and a septic system.
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