Opportunity is knocking! Here is your chance to purchase 100% Occupied 5 Unit Apartment Building in Anderson, Indiana. This property is currently grossing $3,555 a month. Market rent comps show this could be raised to $3,931 easily. Gross Scheduled Income is $48,060 on Actuals! Owner currently collects an additional $5,400 per year for one garage rental and utility reimbursements.
All tenants are on 12 month leases. Has a Laundry Room with pay washer and dryer available for all tenants. (i.e., more cash flow) Has a garage with a shower, toilet, and sink that could be finished out to make this a six unit property. Owner currently pays for water, sewer, and trash removal, but has raised rents to offset this expense.
