The Details

Tenants pay all utilities in this historic well-maintained 5-unit brick property at 936 W 4th St., offering strong rental history. The building features five 1-bedroom units, two of which have been recently rehabbed. The property has had lots of improvements recently, such as 6 new hot water heaters, new coin-op laundry machines, water and sewer separated and moved to a tenant expense, off street parking re-done, roof repaired/replaced, sewer lateral and drains replaced. This property is an excellent choice for investors seeking steady cash flow with room to grow. For a larger portfolio, it can be purchased with 335-337 Center Street as part of a turnkey 10-unit LLC purchase, potentially avoiding some closing costs, subject to bank approval. Sellers hold real estate licenses.