Exceptional 12 unit [ Each with 2 bedroom, 1 Bath] apartment complex with two buildings and a 10 car garage. Located in the heart of Galena and very close to downtown, shopping, schools, hospital and restaurants. Over one acre of land allows room for a third building to be built and still have a massive parking area. New roofs were installed in 2008. Each unit has its own deck or patio and the location is in a very wooded area for great privacy for a complex of this size. Each unit has its own utilities with separate meters. This would allow conversion to a condominium complex if an investor would want this flexibility. All rental numbers included in information sheet are for 610 Elk Street. The rental income for 612 Elk Street is as follows: Unit 1 - $480; Unit 2 - $525; Unit 3 - $545; Unit 4 - $495; Unit 5 - $495; Unit 6 - $515. All of the units are 4 rooms with 2 Bdrms & 1 bath, 930 sq ft., include Ref.& Rng and 1 car garage.
(KB41)Historic Whitham s Row 5-unit apt. bldg. built in 1843 by mine owner Joseph Whitham located less than one block from downtown Galena s shops, restaurants and recreation trails. All units are 2 bedrooms, walk-up attic and are separately metered for electric, gas, and city water, sewer & garbage. Units 2 & 4 (405 & 409) have 1.75 baths. All other units are 1 full bath. *Laundry hookups in all units but Unit 3 (407). Purchase for investment, live in one unit and rent the others or convert to townhouses w/garage space for each unit. Owner pays taxes, insurance, electrical for the 5-car detached garage and landscaping/snow removal. Improvements include rebuilt rear deck; complete roof tear-off, fascia, gutters and downspouts in 2008; driveway asphalted in 2009; new kitchen flooring. See listing agent for more detailed list of included appliances, leases, deposits, etc. At least 24-hour notice required to show. Note taxes reflect both tax ID numbers.
Income Producing Rental Property - Duplex w/ 2 - 2 bedroom units - well maintained w/ very nice layout. New flooring in 2012. Set in a country setting, offering decks, porches & a great neighborhood - located on 5.64 acres! 1 car attached garage,Detached shed for storage, plus a 3 car Brick/vinyl sided garage in final stages of completion - set up for finishing some sq footage for a "Home away from Home" on 2 levels of the detached garage. Units are rented - Seller requests notice of 60 days or more to tenants if you do not wish for them to stay on. Great space for Income, For Storage, for a Garage.1st floor-washing machine belongs to Tenant
Age: 11-20 Years Old
Amenities: Deck, Basement
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water - Softener
Historic Galena brick with 2 one bedroom apartments and potential for owner's studio apartment on street level. Conveniently located a block from Main Street, these units have newer flooring, fixtures, ceiling fans, and remodeled baths. Both front and back decks were replaced in the last couple of years. Washer and dryer included in each unit. Separate electric meters. Tenants pay Electric. Owner pays gas, water, sewer and garbage. Huge attic for storage or possible expansion of upper apartment. Off-street parking space for one vehicle.
Circa 1838 "The Campbell House" offers a commanding hillside view of Galena's historic downtown. The duplex features many updates and is just a short walk to downtown shopping. Upper level apartment features 2-floors with 3-bedrooms and the walkout lower level includes 2-bedrooms. Both levels are presently rented on a month to month basis. The building is sold "AS IS" and subject to lender approval. Listed well below appraised value.
Great potential for an investor who would be willing to remodel this duplex. Location is the key to this property which is one block from Main Street in historic downtown Galena and it has it s own off street parking.