1015 douglas Street E
Property Description
A terrific opportunity in Morris! 5 income producing apartments AND a large storage garage, approx 2400 sq ft, which brings in additional revenue storing cars, boats, Rv's jet skis, motorcyles etc. overhead doors front and back provide easy in and out, plus there's a side entry. The building is currently fully rented. The main level features a refreshed 1 Bed, 1 Bath, (apt 5) which used to be the former shop office, utilities included in rent, electric baseboard heat. Upstairs, find another 1 bedroom, 1 bath residence, (Apt 4) utilities also included in rent, electric baseboard heat. Also upstairs, 2 units with 3 beds/1 bath, (apts 1 and 2)Tenants pay for electric and gas forced air heat. One 3 bedroom, 2 bath, tenant pays gas forecd air heat, (Apt 3). Owner pays water/sewer/dumpster averaging 660/mos and electric for common area and units 3,4,5.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $600,000 |
| No. of Units: | 5 |
| Year Built: | 1950 |
| Opportunity Zone: | No |
| Price per unit: | $120,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 6 |
ID: 3yd-MREDIL-12632988
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