Description
INVESTOR ALERT! Imagine earning money just by owning this property! With a total of 5 units on a beautiful 1.4-acre parcel, the potential rental income could possibly cover your mortgage and then some! The main house is 2br/2 ba with a 1 br/1 ba apartment on the back side. 2 houses (built 1998) have 2 br/1 ba each. A single-wide trailer has 1 br/1ba, and there is also vacant trailer space. Units are tenant-occupied. Tenant leases are month-to-month. Units are in various conditions. Some need repairs/updates. This opportunity comes with great potential to increase rental rates once improvements are complete. Each unit has washer/dryer and a storage shed. Main house has central HVAC; others are propane heat and window AC units. This is a great location off of Riceville Rd with city water and sewer. Sold As-Is.
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8BEDS
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1.4ACRES
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6BATHS
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01/2 BATHS
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3,524SQFT
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$192$/SQFT
School Information
Offered by Keller Williams Professionals. Copyright 2022 Canopy MLS. All rights reserved.Description
INVESTOR ALERT! Imagine earning money just by owning this property! With a total of 5 units on a beautiful 1.4-acre parcel, the potential rental income could possibly cover your mortgage and then some! The main house is 2br/2 ba with a 1 br/1 ba apartment on the back side. 2 houses (built 1998) have 2 br/1 ba each. A single-wide trailer has 1 br/1ba, and there is also vacant trailer space. Units are tenant-occupied. Tenant leases are month-to-month. Units are in various conditions. Some need repairs/updates. This opportunity comes with great potential to increase rental rates once improvements are complete. Each unit has washer/dryer and a storage shed. Main house has central HVAC; others are propane heat and window AC units. This is a great location off of Riceville Rd with city water and sewer. Sold As-Is.
Based on information submitted to the MLS GRID as of 2022-05-21T10:33:36.82 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Keller Williams Professionals nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.
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