Very nice 4 unit building has extensive updating with almost everything new! All units have their own washer and dryer. New security system that can be viewed from your smart phone. Great cash flow with no maintenance headaches because most everything is new! 2 units already rented and other units will be rented soon so you will have immediate income the day you close on this one!
Great location on the corner of 5th and Canedy. Very near downtown. Main level currently used as a law office. Upstairs rents for $900 /mo. Upstairs tenants pay own gas. Law office rents for $1100 /mo. This area has seen great improvement in the last six years with the addition of Springfield Clinic a few blocks away and $4 million in updates to Cathedral of Immaculate Conception across the street. New Roof 2007. Sound mechanicals. All windows replaced in 2003. 5 parking spaces
Owner is selling 163 N. MacArthur ID# 14280355056 & 167 N. MacArthur ID#14280355034 together. 163 is a 3-plex consisting of 2.289 SQFT w/ partial bsmt. 1st floor apt is 2BR/1BA & rents for $700. Tenant pays all utilities. 2nf fl apt is 1BR/1BA & rents for $400 - tenant pays elec. 3rd fl apt is 1BR/1BA & rents for $350 - tenant pays elec. Owner pays water for 1st & 2nd fls. Roof if apx 3yrs/ upper stairs & decks apx 1yr. 167 is single family, apx 1320SF w/ full bsmt. 2BR/1BA & rents for $550.
THE WORK IS DONE, ALL THAT IS LEFT IS COLLECTING THE CHECKS EACH MONTH. THIS NICELY REMODELED DUPLEX IS CURRENTLY RENTED AND BRINGS IN 450 FOR THE EFFICENCY AND 650 FOR THE 1 BEDROOM. THERE IS ALSO A SEPERATE STORAGE BUILDING IN THE BACK FOR EACH UNIT. SQFT believed accurate but not warranted.