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Description
4 UNITS WITH TOTAL OF 9 BEDROOMS & 5 FULL BATHS. THIS PROPERTY INCLUDES 185 NORTH AVE, 116 GALLUP, 118 & 118 1/2 GALLUP. 116 GALLUP HAS BEEN FRESHLY PAINTED. ALL UNITS HAVE UPDATED COPPER PLUMBING, ELECTRICAL W/CIRCUIT BREAKERS & UPDATED ROOFS. TENANTS HAVE SEPARATE ELEC & GAS METERS. OWNER PAYS WATER & OUTSIDE MAINT. 3 UNITS HAVE C/A. SELLER OWNS ALL APPLIANCES. TOTAL INCOME $44,400 /YR BASED ON CURRENT RENTS. NOTE: RESIDENTIAL LISTING OF 120 GALLUP CAN BE PURCHASED AS PART OF A PACKAGE DEAL (MLS# 50091153 ) W/2 SEPARATE MORTGAGES. L/C TERMS: $200,000 Down, 8.0% INT, $2,000 MO. PROPERTY TAX TO BE CORRECTED BY CITY. TOTAL RENTS, 4 UNITS IS $3,700 PER MONTH.
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IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 24th March, 2023 11:45 AM (UTC)
Listing Agent: Rick Osos
Listing Office: Realty Executives Home Towne Shelby
