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Great investment opportunity - two properties on one lot downtown! Owner-occupy a stand-alone house (405) while renting out the 3-flat (407) or rent all four. All units in 407 rented through 8/2019. Parking: 1 space in driveway for house at 405. F/A furnace for 405 and 407 #1, other 2 units are hot water. 2017 2017 total income is under current market rate due to owner-occupancy of 405. Capital improvements since 2013 exceeding $125,000!

405 & 407 W Doty St, Features and Updates

405 House:

⬧ 2018 - Second bedroom improved: floors leveled, New sheet rock, New flooring - laminate in
⬧ 2017
- New flooring at patio entry, concrete pillar supports redone for the porch
- New screen door on the porch
- Original pine hardwood flooring
- New bathroom: window, laminate floors, sink, vanity, toilet, shower, new plumbing to the bathroom, glass board on the walls, new light fixture
⬧ 2016
- New vinyl siding
- Structural engineers recommendation for shoring up structure of house completed (see basement. Drawings available upon request)
- New hot water heater
- Tree was removed in the front of the house
- All city requirements for repairs have been satisfied
⬧ 2015
- Master bedroom redone: gutted down to the studs, fiber glass insulation, and sheet rock, new ceiling, new closet
- New furnace
⬧ 2014
- New roof (complete tear-off)
- Chimney re-sealed
All electrical in conduit per seller electrical updated by the previous owner (between 2010-2012)

405 Kitchen:
⬧ 2016 - Brushed stainless steel refrigerator
⬧ 2015 - New brushed stainless steel range/oven - gas - New ceiling - beaden board and painted - Going into basement - new sheetrock and fiberglass insulation - Living room newly painted with wood floors

407 Units:
⬧ 2018 - New mailboxes
⬧ 2017
- Several vinyl replacement windows, Unit 1
- New flooring at entry, repaired and re-painted entry hall up to 3rd floor
⬧ 2016
- New refrigerator in unit 1
- Front porch repainted
⬧ 2014 - New vinyl siding ($22,000)
⬧ 2013
- Bathroom improvements since 2013
- Hardwood floors throughout

All electrical updated by previous owner. No knob and tube to sellers’ knowledge.
• Separate meters for common areas for electrical.
• Each unit is metered separately for gas and electric.

 

* View and download flyer for 405 & 407 W Doty St >

School District Information

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Listed by Kate Weis of The Alvarado Group, Inc

Listing Sold by EXP Realty, LLC

Property Details

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