Description
Welcome to 1107 Euclid! Turn key ready. Fully rented through Aug 2020. Tenants pay ALL utilities. This 4-unit rental is near Western Michigan University, home to 20,000 students. Modernized in 2006- a 2,400 sq ft addition was added as well as ceramic tile, hardwood floors designed for durability and high traffic use, washer/dryer, central air, and ceiling fans throughout. Property is in a great location, walking distance to WMU and on bus line. Plenty of parking (9 spots). Gross rent is $4,340 monthly. Cap rate estimated at 5.5. Units separately metered. Tenants pay all utilities. One unit has 2 bed/1 bath. One unit has 1 bed/1 bath and washer dryer. Two units have three beds/1 bath and washer dryer. Find out how to set it and forget it and get this great investment working for you.
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
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3,156SQFT
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$190$/SQFT
Description
Welcome to 1107 Euclid! Turn key ready. Fully rented through Aug 2020. Tenants pay ALL utilities. This 4-unit rental is near Western Michigan University, home to 20,000 students. Modernized in 2006- a 2,400 sq ft addition was added as well as ceramic tile, hardwood floors designed for durability and high traffic use, washer/dryer, central air, and ceiling fans throughout. Property is in a great location, walking distance to WMU and on bus line. Plenty of parking (9 spots). Gross rent is $4,340 monthly. Cap rate estimated at 5.5. Units separately metered. Tenants pay all utilities. One unit has 2 bed/1 bath. One unit has 1 bed/1 bath and washer dryer. Two units have three beds/1 bath and washer dryer. Find out how to set it and forget it and get this great investment working for you.