Last Updated: 7/19/2018 4:09 PM
3 duplexes and extra lot for sale with value add opportunity! Address is 128, 130, and 132 Rowland Place. Two of the duplexes have 2 units with 2/1 in each unit. The third duplex has 2 units that are 2/1 and a third basement unit when remodeled can be made into 1 unit or possibly 2 units with the right creativity. Each unit has washer and dryer hook ups. Also, everything individually metered and tenants pay their own utilities. A recent thoroughfare closure was done on the right of way between duplex 130 and 132 and is now being platted. At least 1 extra lot possibly 2. The area is zoned R-2 (2 duplex family). Currently 6 of the 7 units are rented. Gross rent $5,030 per month. 2 inherited tenants pay $725 the other 4 pay $895. When rent in those 2 units are brought up to market rent plus adding the basement unit, gross rent potential is $6,265+ per month. Brand new privacy fence recently built behind duplexes 128 and 130.
Individual Electric Meters
ROBERT E LEE
Gas Heat, Electric Heating, Central