Completely turn-key with an onsite manager (handles landscaping, minor repairs and upgrades) Large security deposits in escrow ($9975). Strong 1yr leases for 3 units and 2yr for mgr. All can be broken by a new owner. 20% increase in rent written in for any additional tenants. Each tenant is on electronic payment system for rent. Only water and trash paid by owner. Utilities directly billed to the tenants. Six off street parking spaces. Would be very easy for an absentee owner to manage.
Very well maintained building on a large corner lot. Each unit has newer carpet/paint. All have unfinished basements that could easily be finished to add more square footage, but currently are great for ample storage space/workshop/play space.
Littleton 6 schools, magnet elementary school across the street. Elati Park around the corner, major bike path just steps away, as well as Pirates Cove waterpark. Public transportation walkable distance, light rail is 1.5 miles (downtown Littleton)
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