A wonderful 12 unit income producing cash cow with a net operating income of $82,717. Excellent investment opportunity! This property features classic architecture, strong brick construction, great rental histories, layouts varieties, generous cap rates possible owner financing will surely not disappoint! 307 S. 4th Ave. has 12 fully leased income producing units all under one roof, w/2 separate offstreet parking lots for 25 cars, coin operated laundry. New roof, facia, gutters, downspouts paint work. Flexible month to month leases. Tenants pay hot water. Recently added thermostat limiters to significantly lower heating expense raise NOI, along w/natural gas conversion of all units.
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