10 UNIT INCOME PROPERTY. Approximate gross rental income for the year is $170,412. Insurance is $21,000. This unique and well maintained property features a total of 10 units, which include, 6 charming single level 1 bedroom 1 bath individual cottages and four single level 1 bedroom 1 bath apartments. Six units have been remodeled with new kitchen cabinets, countertops, appliances, laminate flooring throughout, double paned windows and updated bathrooms with new showers, vanities, and commodes. Each cottage includes its own indoor laundry room. New dual paned windows have been installed in the remodeled units, with select upgrades in the remaining apartments. A laundry room is available for the four apartment units, though it is not currently in use. The center of the complex features mature shade trees, creating a peaceful and inviting shared outdoor space for tenants to enjoy. Off street parking is accessible via the alley behind the apartments, with ample street parking also available. All units are currently rented, making this an excellent turnkey investment opportunity.
Listing courtesy of Windermere Signature Properties Auburn. Selling Office: Collier's International.

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