MLS Public Remarks Priced below recent appraised value this 34 unit complex could be just the right investment for your portfolio. The huge lot offers expansion opportunity. Vacancy is nearly non-existent. Mostly 1 bedroom, main level units, each with it's own private walkway and patio. Shared laundry facility equipment is currently leased to a sub-contractor. Lease may be terminated. Very conveniently located.
Location City
Other Marketing Area
Mailing City Sparta
C/T/V City
Unit #
Directions S. Black River St To West On St. Anne
Number of Units 34
Year Built 1978
# Furnaces 34
Heating Type 1 Other
Heating Fuel Elec
# Water Heaters 34
# Water Softeners 0
# Stoves 34
# Refrigerators 34
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 34
Number of Efficiencies 2
Number of 1 Bedrooms 31
Number of 2 Bedrooms 1
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 53505
Net Operating Inc 169395
Year 2017
School District Sparta
High School Sparta
Middle Sparta Meadowview
Elementary Call School District
Land Assessment $119,500
Improvements $507,800
Total Assessment $627,300
Net Taxes $15,271
Assessment Year 2017
Tax Year 2017
Owner
Zoning Multi
Subdivision
Name of Lake/River
Est. Total Acres 2.38
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
Unit 2 Air conditioning, Balcony/patio, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
Unit 3 Air conditioning, Balcony/patio, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
Unit 4 Air conditioning, Balcony/patio, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
2 |
1 |
0 |
00/00/0000 |
$595 |
0 |
1 Space |
No |
No |
Yes |
2 |
1 |
1 |
0 |
00/00/0000 |
$515 |
0 |
1 Space |
No |
No |
Yes |
3 |
0 |
1 |
0 |
00/00/0000 |
$515 |
0 |
1 Space |
No |
No |
Yes |
4 |
1 |
1 |
0 |
00/00/0000 |
$550 |
0 |
1 Car Garage |
No |
No |
Yes |
Items Included 34 Ranges, 34 Refrigerators
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement None
Type 1 story, Apartment building
Parking per Unit 2 Car garage, Detached, Outside
Barrier-free Features
Exterior Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents Condition report on file, Income/Exp Report Avail
Miscellaneous Hi-Speed Internet Avail, Shared laundry
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc