Property Description These are two separate buildings that should be sold together. Building 1508 E Thayer is a 7 unit consisting of 5 units that are one bedroom and 2 units that are two bedrooms. This building has private entries. Building 1510 E Thayer is a 3 unit consisting of 2 units that are one bedroom, and 1 unit that is a two bedrooms. Averages on both buildings that the owner pays are water $350 and MDU $280 each paid monthly. Average income on both buildings $5,154 monthly. These two buildings are both under the Government Section 8 program of Housing Assistance payments Moderate Rehabilitation Program. They require one year leases and must be given complete notice per contract terms to continue, or to discontinue the program. Copy of contracts between owner and US Dept of Housing and Urban development upon acceptable offer. PROOF OF QUALIFIED SERIOUS BUYERS BEFORE ANY SHOWING WILL BE SET UP.
Details
Maps
Contract Information
List Price/SqFt: 87.58
Sold Price/SqFt: 85.81
Sold Price: $485,000
Current Price: $485,000
Date Listed: 2014-05-14
Remarks
Directions: East on Thayer to address
Public Remarks: These are two separate buildings that should be sold together. Building 1508 E Thayer is a 7 unit consisting of 5 units that are one bedroom and 2 units that are two bedrooms. This building has private entries. Building 1510 E Thayer is a 3 unit consisting of 2 units that are one bedroom, and 1 unit that is a two bedrooms. Averages on both buildings that the owner pays are water $350 and MDU $280 each paid monthly. Average income on both buildings $5,154 monthly. These two buildings are both under the Government Section 8 program of Housing Assistance payments Moderate Rehabilitation Program. They require one year leases and must be given complete notice per contract terms to continue, or to discontinue the program. Copy of contracts between owner and US Dept of Housing and Urban development upon acceptable offer. PROOF OF QUALIFIED SERIOUS BUYERS BEFORE ANY SHOWING WILL BE SET UP.
