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Fully occupied 6 plex in Columbia City close to downtown. All units are 1 bedroom units with 4 ground floor apartments and 2 upstairs apartments. There are about 6+ parking spots available on site on the large 75' X150' lot. All leases have just been signed for a 1 year term. There are some long term tenants and rents are considered to be very affordable with upside potential at the end of the 1 year term. 5 units rent for $525 per month, unit 210 1/2 at $600. There are 6 electric meters and 4 gas meters and 1 water meter. Tenants pay gas and electric. Landlord pays water, sewer and trash. Per owner-water, sewer and trash about $380 per month.
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