113 NEWMAN Street
Property Description
Investors/Landlords- Great opportunity to own a recently updated 8 unit apartment building located in a great, growing community, Durand. Recent improvements: Four of the units have been recently repainted and have new tenants. Last year, the common areas were updated with new paint, lighting and flooring. Electricity (common areas) $190/month, Garage: $154/month, Water & sewer: $562/month, Property taxes: $8700/yr. 8 units, each unit has 2 bedrooms and 1 bath.
Broker Details
Dickerson & Nieman (815) 381-6804
MLS ID: 110868 State License Number: 475.200242
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $599,990 |
| No. of Units: | 8 |
| Year Built: | 1971 |
| Lot Size: | 6,304.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $74,999 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 6 |
ID: 3yd-RAARIL-202602141
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1825 S Crawford Road
Mt Pleasant, MichiganBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout