DOUBLE LOT - TWO BUILDINGS CURRENTLY BEING LEASED FOR RESIDENTIAL MONTH TO MONTH w/$34,000 annual income.
Use as current R-2 for rental income....OR BUILD NEW !!! INVESTOR'S OPPORTUNITY - Currently THREE UNITS (2 buildings) on a DOUBLE LOT - Super income of over $34,000 a year with potential to grow!!! These TWO BUILDINGS sit on a DOUBLE LOT - 5427 Old Cheney & 5431 Old Cheney (Tax recorded has property as 5431 Old Cheney address for both buildings). BUILDING ON LEFT is 5427 and is a 1BE/1BA home / Tenant is renting MONTH TO MONTH at $270 a week - Tile flooring - older kitchen and bath - with Central AC. BUILDING ON RIGHT has 2BE/1BA plus an EFFICIENCY apartment. - all with separate entryways: The 1BE/1BA getting $800 a month for rent; and the EFFICIENCY UNIT receiving $200 a week rent - month to month. All units have older kitchens & baths and tile or wood flooring with CENTRAL AC. Both buildings are BLOCK Construction. There is a Shed in backyard and storage closet with potential to add washer and dryer on premises. Septic and drainfield are in backyard and were drained certified 1 year ago. Yard is Fenced all around. Room for cosmetic improvements if you desire more rental income. Tenants wish to stay or can vacate with 60 day notice....month to month. Room sizes and square footage are deemed to be correct but must to be verified by buyer. Many opportunities and options. DO NOT DISTURB TENANTS. Call for appointment.