Just Listed: Ranch style 6-plex. 2 Bed units. 504 Monroe Street. Off street parking. East side of Lexington, NE.
Excellent rent history. Tenants pay own utilities and the property expenses include the cost of property management.
Sales Price: $300,000.00
Still shows a 10.58% Net Operating Income.
New roof and gutters in 2016. New exterior paint in 2016 and some new siding in 2018.
Built in 1977 and has been full of tenants for many years.
All appliances are in working order.
30 day Due Diligence period if needed. Close following Due Diligence.
Bank letter confirming funds and/or loan ability required before viewing individual units.
Seller will accept a contract that is contingent on viewing units dueing Due Diligence phase.
This is an excellent unit for first time investors.
If you are looking for a few more units, possibly consider pairing with 6-plex For Sale @204 W 6th Street ($300K) and/or Triplex for sale at 107 9th Street ($150K) in Lexington.
That would be 15 units for $750K....Call, text or email for more info.