MLS Public Remarks This 8-unit apartment building was built in 1972, on a corner lot across the street from McFarland High School. The property is located 2 blocks from US Hwy 51, and 3 miles from the West Beltline Highway. All 8 units are 810 square feet, 2 beds, 1 bath and have access to storage lockers in the basement. The property has on-site coin laundry, and 20 off street parking spaces. The building has boiler heating, and in-unit window A/C units. Tenants pay electric, and heat reimbursement. Landlord pays water/sewer, waste removal, gas, and hot water.
Location Village
Other Marketing Area
Mailing City McFarland
C/T/V Village
Unit #
Directions From Us Hwy 51, Turn East Onto Burma Road. The Property Is Located At The End Of The Road Where It Bends. Across From Mcfarland Hs
Number of Units 8
Year Built 1969
# Furnaces 1
Heating Type Rad Elec
Heating Fuel Nat Gas
# Water Heaters 2
# Water Softeners 1
# Stoves 8
# Refrigerators 8
# Dish Washers 8
# Washers 0
# Dryers 0
# Units w/AC 8
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 8
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 29936
Net Operating Inc 51191
Year 2020
School District McFarland
High School Mcfarland
Middle Indian Mound
Elementary Elvehjem
Land Assessment $74,800
Improvements $550,100
Total Assessment $624,900
Net Taxes $12,455
Assessment Year 2019
Tax Year 2019
Owner
Zoning Commercial
Subdivision Teal Inc Mcfarland Plat
Name of Lake/River
Est. Total Acres 0.45
Source for Est. Total Acres PubR
Unit 1 Air conditioning, Balcony/patio, Dining room, Dishwasher, Family/Rec. room, Individual heat control, Pantry, Range/oven, Refrigerator, Separate Storage Unit Inc
Unit 2
Unit 3
Unit 4
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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 |
04/08/2021 |
$899 |
810 |
2 Space |
No |
No |
Yes |
2 |
2 |
1 |
0 |
0 |
$0 |
0 |
2 Space |
No |
No |
Yes |
3 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included 8 dishwashers, 8 stoves, 8 refrigerators, 8 window a/c units
Items Excluded Seller/tenant personal property & Laundry machines (2 washer & 2 dryers) are leased through a 3rd party lessor
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured Concrete Foundation
Type 2 story, Apartment building
Parking per Unit 2 spaces, Outside
Barrier-free Features
Exterior Brick, Vinyl
Waterfront
Terms
Utilities Sep elec meters each unit
Legal Documents Income/Exp Report Avail, Lease(s) on file
Miscellaneous Shared laundry, Water Softener Owned
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Design Realty Llc