Nice spacious 2 unit investment property with all separate utilities(paid by tenants), landlord pays real estate taxes and insurance only. 1st floor has a newer kitchen, large covered front porch. 2nd floor has a newer bathroom. Both units have wood floors that were refinished. The home has all thermo tilt in windows throughout, Architectural shingle roof, nice level rear yard with rear alley access, 2 off street parking space with a 2 car detached garage. The current leases are month to month. Appliances included are: 1st floor-Refrigerator & Stove. 2nd floor- Refrigerator, stove, washer and dryer.
“Buyer is aware that seller intends to perform an IRC Section 1031 tax deferred exchange. Seller requests buyers’ cooperation in such an exchange and agrees to hold buyer harmless from any and all claims, costs, liabilities or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the seller.”
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