FULLY LEASED; CAP Rate of 7.14%. Historic 1890s Quad Plex on new foundation in Galesburg; perfect for commuters to Kalamazoo and Battle Creek. Includes coin-op washer/dryer and storage units in basement. Completely updated eight years ago; new mechanicals, plumbing, electrical, French drain w/sump (basement always dry); roof 7 years old; new fridges (1 y.o.). Paved lot rated for 10 cars in downtown area. Expenses apx. $950/mo; professionally managed. Landlord pays cable and internet. 2022 financials and leases available for review upon signed NDA. Seller will consider a 5-year land contract term. See agent for more details.
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