Description
Building 1 - Unit 3 is a 3 BR apartment and is occupied. The other 2 units are gutted and ready for remodel. Owner previously planned to turn these back into 4 separate studio units but never got around to it.Building 2 - The square building is condemned and boarded up.Building 3 - Was previously used for a laundromat for the tenants here at the Park Place Apartments. All of the equipment is still in it. Building needs siding. On its own foundation separate from the condemned one that looks like it is attached.Building 4 - Has three 2-bedroom units. #1 is currently rented. #2 is vacant and needs some work. #3 is not in livable condition.Building #5 - The metal garage across from Building #4 goes with the property. The metal is good but building caught fire. There is a set of steps across from Building #4. There used to be another set of apartments there with several units, but it burned to the ground and caught the metal garage on fire. The foundation is still there.Potential for $5,000+ per month in gross rent.
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0BEDS
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8.4ACRES
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0BATHS
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01/2 BATHS
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4,950SQFT
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$30$/SQFT
School Information
Description
Building 1 - Unit 3 is a 3 BR apartment and is occupied. The other 2 units are gutted and ready for remodel. Owner previously planned to turn these back into 4 separate studio units but never got around to it.Building 2 - The square building is condemned and boarded up.Building 3 - Was previously used for a laundromat for the tenants here at the Park Place Apartments. All of the equipment is still in it. Building needs siding. On its own foundation separate from the condemned one that looks like it is attached.Building 4 - Has three 2-bedroom units. #1 is currently rented. #2 is vacant and needs some work. #3 is not in livable condition.Building #5 - The metal garage across from Building #4 goes with the property. The metal is good but building caught fire. There is a set of steps across from Building #4. There used to be another set of apartments there with several units, but it burned to the ground and caught the metal garage on fire. The foundation is still there.Potential for $5,000+ per month in gross rent.
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