Description
Here is a great investment opportunity. Property consists of a five unit apartment building plus a two bedroom cottage. Always fully rented and conveniently located in downtown Petersburg. There is a bus to Pilgrims Pride that stops at this location. In 2022 the apartment received a new roof and the cottage had its metal roof painted. All units are metered separately and have their own water meter service.. Water, sewer and trash are provided by the city of Petersburg. The rents could be adjusted upward as there have been no increases for a couple years. The apartment has two, 2 bedroom units, two, 1 bedroom units and one studio. All appliances convey. There is an attic and a mostly full basement, plus a crawl space area. Situated on .37 acre lot. Has off paved parking area.
School Information
Description
Here is a great investment opportunity. Property consists of a five unit apartment building plus a two bedroom cottage. Always fully rented and conveniently located in downtown Petersburg. There is a bus to Pilgrims Pride that stops at this location. In 2022 the apartment received a new roof and the cottage had its metal roof painted. All units are metered separately and have their own water meter service.. Water, sewer and trash are provided by the city of Petersburg. The rents could be adjusted upward as there have been no increases for a couple years. The apartment has two, 2 bedroom units, two, 1 bedroom units and one studio. All appliances convey. There is an attic and a mostly full basement, plus a crawl space area. Situated on .37 acre lot. Has off paved parking area.
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