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| Description |
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Excellent opportunity to acquire a cash-flowing multifamily property in a central city location. The sale includes a four-unit residential building at 220 N. 6th St with a rear parking lot, creating an additional income stream with future expansion potential The residential building features a desirable unit mix with strong in-place rents: Unit #1: 2 Bedrooms – $900/month Unit #2: 3 Bedrooms – $1,500/month Unit #3: 2 Bedrooms – $1,100/month Unit #4: Studio – Projected $850/month Landlord currently pays gas heat, water, sewer, and trash. The rear parking lot provides steady income with 15 rented spaces at $60 per space per month ($900/month), with potential to create additional parking spaces. Ideal for investors seeking a stabilized asset with diversified income streams, immediate parking revenue, and long-term growth through leasing and expansion. Conveniently located near downtown amenities, public transportation, shopping, dining, and nearby daycare facilities, adding to tenant appeal and long-term rental demand. Schedule your private showing today.
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| Room Sizes |
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| Location |
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| Driving Directions |
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N. 6Th St. Property on left
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| Details |
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Architectural Type - Traditional
Parking - Paved Parking, Parking Lot
Flooring - Laminate Plank, Vinyl
Basement - Full, Concrete Perimeter
Interior Features - Attic
Appliances - Stove, Water Heater, Refrigerator
Exterior Features - Fire Escape, Balcony, Brick, Stone, Mixed, Mixed Plumbing
Heating - Hot Water, Natural Gas
Hot Water - Electric
Sewer - Public Sewer
Water - Public
Additional Utilities - Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Electric: Circuit Breakers
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