
Description
1804, 1808 and 1812 Superior Ave are 3 all brick, 4 unit apartment buildings. The Assessor indicates each building has 3300 sf. The unit sq ft of 825 ea. includes the common hallway space. These 2Bedroom, 1Bath apartments offer good daylight exposure, interior mail boxes, storage in the basement, general outside parking, common garbage service, and a wooded backdrop setting. The 12 apartment units all have a similar layout, but offer individualized interiors. (Per seller: Two buildings are heated by a water boiler systems with the third being electric heat; and all have municipal water and sewer service. Some tenants are on leases, others are month to month. Per the seller, total current monthly rents are $9280). 2020 Net Profits = 47%. Projected 2022 rents are up 10%+ over 2020
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0BEDS
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0.68ACRES
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0BATHS
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01/2 BATHS
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9,900SQFT
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$96$/SQFT
Description
1804, 1808 and 1812 Superior Ave are 3 all brick, 4 unit apartment buildings. The Assessor indicates each building has 3300 sf. The unit sq ft of 825 ea. includes the common hallway space. These 2Bedroom, 1Bath apartments offer good daylight exposure, interior mail boxes, storage in the basement, general outside parking, common garbage service, and a wooded backdrop setting. The 12 apartment units all have a similar layout, but offer individualized interiors. (Per seller: Two buildings are heated by a water boiler systems with the third being electric heat; and all have municipal water and sewer service. Some tenants are on leases, others are month to month. Per the seller, total current monthly rents are $9280). 2020 Net Profits = 47%. Projected 2022 rents are up 10%+ over 2020
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