Great investment opportunity, multi-unit close to shopping, transportation and excellent school district. Fully occupied with high cap rate.Individual heating. Recently updated units and pay washer and dryer on premises.
3 Units in Homewood. This is a 12 Cap in an area with award winning schools. High return and low risk equals Rare Opportunity. Seller says sell. Time to retire and move out of state. The lot includes a 4 bed 2 bath house and a 2 flat that has 2 bed 1 bath units. House basement includes laundry and storage. Could be coin op for more $. Owner only pays trash, lawn, snow, and a 35% portion of the house water bill, all other utilities are paid by tenants. Bldg has historically had long term tenants and very low vacancy rate. Many capital improvements. This is a good one!!!
Rarely available 2-unit investment in Homewood! Brick constructed with 2-car garage! Units are 2-bedroom with large kitchens. Fully rented month-to-month, tenants pay all utilities. Units have own laundry. Steps from the train and downtown area. Must see!