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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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Listing Agent: Rick Osos
Listing Office: Realty Executives Home Towne Shelby