CLEAN, CASH FLOWING BUILDING! Gross monthly rents are $1975. Seller has established good systems and a good tenant base. One unit has its own elec/gas meters and the other two units share meters but the costs are billed back to the tenants.
Rangely has a steady supply of potential tenants from the college (faculty & staff). Ask your agent to provide you with the bookkeeping and rent roll. This property is available to FHA & VA buyers as well. Let the tenants make your mortgage payments for you! Appliances (including washer/dryer units) are included. Units 221 & 217 are ranch style and Unit 215 is two story. 24 Hour notice to show is required.
From W Main St in Rangely, travel south on S Sunset Ave. Turn East onto W Bell St and the subject property is on the south side of W Bell Street.
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