Description
Value add duplex located in the Historic NE on Independence Ave. Lower unit is 2 bed / 1 ba currently under rented for $600/mo with a month to month lease, top level is a 3 bed / 1 ba currently under rented for $675/mo with a month to month lease. Newer furnaces, window units for ACs, each unit has its own WH, W/D in the basement. All utilities separate except water. Room to increase rents with current tenants or renovate the units for a more substantial rent increase. Please note: Current owner does not have lease agreements in place, may be able to have month to month agreements signed prior to sale if buyer prefers. Tenant occupied, do not disturb tenants. Group showing to be held first week of November subject to inquiries. Owner financing may be available, inquire with LA for terms.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
Description
Value add duplex located in the Historic NE on Independence Ave. Lower unit is 2 bed / 1 ba currently under rented for $600/mo with a month to month lease, top level is a 3 bed / 1 ba currently under rented for $675/mo with a month to month lease. Newer furnaces, window units for ACs, each unit has its own WH, W/D in the basement. All utilities separate except water. Room to increase rents with current tenants or renovate the units for a more substantial rent increase. Please note: Current owner does not have lease agreements in place, may be able to have month to month agreements signed prior to sale if buyer prefers. Tenant occupied, do not disturb tenants. Group showing to be held first week of November subject to inquiries. Owner financing may be available, inquire with LA for terms.
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