Description
Opportunity awaits! This building suffered 1st floor damage from the flood, had a mitigation company in within 24 hours and the 1st floor is gutted down to the studs. The 2nd floor suffered no damage. Ideal for a contractor or someone looking for a project. Recent NOI was approx. $60K per year. This recently built 4 unit multi-family conveniently located in downtown Johnson. Each unit has an open floor plan for kitchen, dining, and living. 2 large closets on the main levels offer storage for your tenants. Upstairs you will find 2 well-appointed bedrooms and a full bath. Plenty of parking for your tenants. This property has a strong rental history, income, and comes with existing long-term tenants in place. Rent includes trash, plowing, water/sewer, and general maintenance. Tenants pay electric, internet, and cable. Heat is electric, but each unit has it's own Mitsubishi multi-zone, high-efficiency heat/AC unit. Each unit has its own. Each room has its own controls. Extremely powerful and efficient. Each unit also has washer/dryer hookups but there is a laundromat across the street if tenants prefer. SOLD AS IS.
