300-306 Scott Street NE

Seller Agent owned. Excellent investment opportunity especially for someone with the ability to make improvements on the go. 6Plex plus Duplex and additional vacant land included. The 6 plex has 4 apartments (2 recently updated) approved by the health department for occupency. All rented. The other 2 are now vacant and need renovated and approval. The duplex is empty and ready for renovation. It will need a roof and extensive renovation. There is a 1 bedroom lower and 2 bedroom upper in this building. The 6 plex is all 1 bedroom. Fully rented potential income would be $59,000 to $64,000 Annual. Tenants pay electric and gas. Water bill is about $500 to $550 monthly but would be higher fully rented. Owner has assessed a $50 water fee per unit to offset this expense. Additional land included could potentially be used for Storage Units. Current income is for 4 units. 4 vacant ready for renovation.