
Courtesy of: David Meyer, Re/Max Advantage Plus, David@meyerpg.com
$250,000
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Other
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$250,000
201 E 6th Street unit: 1-3 1-3 Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41, 400 per year - Upper unit $1, 200, Middle unit $1, 300 and Lower unit is $950/month. Total 2024 expenses = $15, 481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.
Courtesy of: David Meyer, Re/Max Advantage Plus, David@meyerpg.com
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