INVESTMENT PROPERTY, with two 4 BR's apts. and one 1 BR's apt. Walk to town locations. Gross rent, $43,140.00, total expenses $19,992.00, net $23,140.00. Current cap rate is 12.5. Requires a minimum of 48-hour notice to show.
3 unit building with a large 3 bay barn/garage. Nice level corner lot near the Springfield hospital and elementary school. Close to the shopping center.
Back on the market with many new updates including a new roof, new furnace, refinished bathroom with all new fixtures, fresh paint throughout the inside, and more! This home is perched high on Clinton St. with views of the Black River across the street, and conveniently located near downtown shopping, groceries, movies, and restaurants. 1st floor has 2 bedrooms, a "bonus room", full bathroom, laundry hookup, kitchen with dishwasher, and living room. The 2nd floor apartment is a 1 bedroom, with 3/4 bathroom, plus kitchen and living room. The two units have separate electric meters and hot water heaters, with a shared forced hot air furnace / propane. This home could is also listed as a single-family residence as it could easily be converted back into one - see MLS #5020725
ATTENTION INVESTORS 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR's UNIT and 1- 1BR's UNIT. ACTUAL CAP RATE 11.55%, PROFORMA CAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS.
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