Description

2 Incredible Multi-Family Properties OFFERED AS A PACKAGE DEAL. Selling Both Properties as One! Across the street from each other. Minden Apartment Homes (MAH) is on north side of Downtown Minden. Walk to anywhere. These apartments are in high demand. Properties have been full for years. 18 Units in the MAH Building: 2 Bed, 1 bath units. Balconies on top 2 floors. Recent Improvements include new Roof in 2021, new water heaters, updated flooring and Paint in many units; new LP Wood Siding and Brick siding, Underground Sprinklers, new gutters and upper wrap shingle siding, On-site coin laundries. 8 Units in the Christmas City Condos (Xmas City): This property also has been full for years. Unique Property. Recent Improvements include complete remodel of basement units. Various sizes on the apartments. New storm windows on entire building. New roof in 2021. Onsite coin laundry. Very nice quality on this historic building built in 1932. Tenants pay own utilities in both properties.The 2 buildings have separate addresses: 525 Minden Ave and 322 E 6th Street. Owner pays water, sewer, trash, yard lights. Positive cash flow of over 7% at offer amount makes this a great buy! Bank letter confirming funds and/or loan ability required before viewing individual units. Both buildings are built Like a Brick Tank!! Call/text/e-mail Mike for Cash Flow and other pertinent information.

For more details:

Listed by: Mach 1 Realty