3318 ERICKSON Road, Erickson | $700,000

Located in Erickson this 5 unit (2 bedroom) apartment building is fully tenanted with revenues just under 50k per year. 100 amp service to each unit, individual hot water tanks, Electric Baseboard heating. Laundry hook ups in Mechanical room. All tenants on month to month . Bonus mobile home tenant ( owned by tenant long term retired). Natural gas to property but hooked up to mobile. Zoned R6 and in the ALR. 75 Cherry , 25 Apple trees with revenues of app. $10k per year in good year.$5456.00 for irrigation and water 2025. Terrific investment with long term potential! Call your REALTOR® today!

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Description

Located in Erickson this 5 unit (2 bedroom) apartment building is fully tenanted with revenues just under 50k per year. 100 amp service to each unit, individual hot water tanks, Electric Baseboard heating. Laundry hook ups in Mechanical room. All tenants on month to month . Bonus mobile home tenant ( owned by tenant long term retired). Natural gas to property but hooked up to mobile. Zoned R6 and in the ALR. 75 Cherry , 25 Apple trees with revenues of app. $10k per year in good year.$5456.00 for irrigation and water 2025. Terrific investment with long term potential! Call your REALTOR® today!

General Info

MLS Listing ID: 10348618 Bedrooms: 0 Bathrooms: 0 Year Built: 1949
Parking: N/A Heating: Baseboard heaters Lotsize: 0.95 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .