1401 Maple Street

Description

This performing rental duplex is fully occupied and up to date on rents. Located in a highly residential area, the building has a welcoming, "homey-feeling." The building consists of one charming 1BR garden apartment on the ground floor with a fenced backyard and one generously sized 3BR, 2 story apartment on the two upper floors. Lower apartment lease ends 6/2021. Upper apartment lease is month to month lease. Each unit rents for $1.050 P/M. Each apartment enjoys its own dedicated heating, central cooling and hot water systems so tenants pay all of the utilities (except sewer and water) for more consistent ROI. Building is in overall well maintained condition. Recent updates include: Common foyer area renovation, new A/C system for both units, new roof and chimney liner and new clothes dryer. The ground floor apartment was recently renovated including new bath, kitchen, appliances and fresh paint throughout. Located in a highly owner-occupied residential neighborhood within great access to public transportation, downtown business center, Riverfront attractions and amenities, Interstate Highway 95 and within walking distance to St. Elizabeth's school and park. This is also an ideal opportunity for an owner occupant situation. Both apartments have access to a washer and dryer in the basement. Trash collection included in municipal taxes. Showings limited to Tuesdays and Fridays 11 AM - 1 PM to limit intrusion to the tenants. This is a rarely available, performing multi family property in decent condition.