Description
***Attention Investors*** Supply is low and Rental Demand is HIGH! Now is the best time to enter into rental investments or grow your portfolio. 2251 Imperial Ln & 2255 Imperial Ln are being sold together. These (2) 8 unit, brick apartment buildings feature private entrances, shared driveway with ample off-street parking, coin laundry and storage lockers in basements. Each of the 16 units feature 810sq ft of living space, 2bd/1ba. 2251 has a gas/central boiler with electric water heaters. 2255 has electric radiant heat and electric water heaters. Tenants are responsible for their own electric (including heat for 2255). The owner pays for common area electric, gas (heat for 2251) and water/sewer expense. Recent updates include roofs/2251 & 2255 (2019), central boiler/2251 (2018), Four Units fully remodeled (2023), New parking bumpers (2023), Newer Windows. Priced below recent Appraised Value!