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Welcome to your next investment property! With eight rooms and three bathrooms, this rooming house produces $36,000 annually in gross rental income. All leases are month to month. Rooms 1, 3, 5 & 6 produce $425/month, room 7 produces $575/month, and floor 2 produces $725/month. Rooms 2 & 4 are vacant leaving room to increase rental income. Owner pays gas, water and electric. There are 2 common bathrooms, a shower and mini kitchen on the first floor. There are 2 electric meters, located at the back of the building. The property also comes with 657 W Mason St which could be used as a parking lot to generate more rental income. Access to the basement in room 2. Listing agent must accompany any showing as requested by the seller.
This listing has no open house scheduled yet.
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Listing information last updated on June 1st, 2023 at 9:00pm EDT.