3 Fully leased buildings in the Village of Chester and 1 building lot which is parking for units selling as a package. Cap rate is 8% with $159,000 income and $35,541 expenses. There is very little if any deferred maintenance on these well maintained properties other than front painting. All separate utilities. Rents are under market but long term tenants who are stable and keep the units clean. Very cute and clean units. I only show 2 units here but they all look the same, redone a few years ago. Great long term investment. There is presently management in place but they are not staying on. My company has a management company that would be willing to manage. With substantial down payment from quality purchaser, financing is possible. Vacant lot is used for parking for the tenants. Brochure in documents.
All data and information set forth on this website regarding real property, for sale, purchase, rental and/or financing, are from sources regarded as reliable. No warranties are made as to the accuracy of any descriptions and/or other details and such information is subject to errors, omissions, changes of price, tenancies, commissions, prior sales, leases or financing, or withdrawal without notice. Square footages are approximate and may be verified by consulting a professional architect or engineer. All rights as to photographs and graphics are reserved to Leigh Quintana, Keller Williams or Individual Agents. Customers should seek advice and proper legal counsel with respect to all closing costs, timing considerations, financing options, default provisions, zoning implications, renovation considerations, and appropriate transfer taxes. Keller Williams represents and has a fiduciary duty to those sellers with respect to Keller Williams exclusives. Keller Williams may act as a dual agent if another agent of Keller Williams represents the buyer or tenant. Keller Williams represents the buyer or tenant when showing the exclusive listings of other real estate brokerage firms.