335-337 6Th StFremont, NE 68025

This exceptional 10-unit apartment building in Fremont, Nebraska, presents a compelling investment opportunity. Located at 335-337 W 6th St, this Class C property, built in 1910, consists of two buildings and offers 10 units currently boasting 100% occupancy. Each unit is small and affordable, contributing to strong rental demand. The asking price is $450,000, or $45,000 per unit, making this a highly attractive proposition. The property generates a current gross monthly rent of $5,990, with potential for increased revenue. Estimated monthly landlord expenses include approximately $350 for insurance (based on a $4,213 2023 policy), $400 for real estate taxes ($4,785.59 due in 2024, excluding potential state credits), $750 for utilities (totaling $8,889.88 in 2023), $140 for trash (quarterly), and $145 for snow and lawn care ($1,730 in 2023). Repair and maintenance costs will vary depending on the owner's approach. The landlord covers water, gas, and sewer