12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765. Cap Rate 8.75
Also available Commercial property across the river in Downtown with plenty of parking. Contact agent for details.