2 Property Parcels. 5 rental units. A small one bedroom Efficiency unit, 1 full size bedroom, a 3 bedrooms unit upstairs, a garage unit and a 3-bedroom house. All units are fully rented month to month. Being Sold "AS IS". No repairs by Sellers. So please be aware that updating may be required. The Apts are designated as a Commercial property and the 3-bedroom house is under Residential. They cannot be Sold under one loan unless it's a CASH deal. All Buyers must be qualified and a letter from their Mortgage Company is required for both loans in order to set appointments. All units have 1 bath. No A/C. Oversized paved parking lot is located-in between all units. Cash is highly recommended. There is a possibility of Owner Financing available to qualified buyers with a down payment of $50,000 and monthly P and I payments each month for up to 3 Years. Out of the 5 tenants, 3 of them have been there for many-many years, maybe close to 25 to 30 years. Please read Brokers Remarks below. Please look over all paperwork attached in the MLS. If you are handy with repairs and can put some work into these rental units, you could have a gem of an investment. Call today for a showing before it's Sold.
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