Description
3 Fully leased buildings in the Village of Chester and 1 building lot which is parking for units selling as a package. Cap rate is 8% with $159,000 income and $35,541 expenses. There is very little if any deferred maintenance on these well maintained properties other than front painting. All separate utilities. Rents are under market but long term tenants who are stable and keep the units clean. Very cute and clean units. I only show 2 units here but they all look the same, redone a few years ago. Great long term investment. There is presently management in place but they are not staying on. My company has a management company that would be willing to manage. With substantial down payment from quality purchaser, financing is possible. Vacant lot is used for parking for the tenants. Brochure in documents.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
3 Fully leased buildings in the Village of Chester and 1 building lot which is parking for units selling as a package. Cap rate is 8% with $159,000 income and $35,541 expenses. There is very little if any deferred maintenance on these well maintained properties other than front painting. All separate utilities. Rents are under market but long term tenants who are stable and keep the units clean. Very cute and clean units. I only show 2 units here but they all look the same, redone a few years ago. Great long term investment. There is presently management in place but they are not staying on. My company has a management company that would be willing to manage. With substantial down payment from quality purchaser, financing is possible. Vacant lot is used for parking for the tenants. Brochure in documents.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2023-10-03T20:18:23.427.