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SOLD       

RE-APPRAISED VALUE:
$18,000.00


ZONING:  CS


(SEE ALSO CP:


(Currently Non-conforming Use)
Weaver Properties                                                                 
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1416 E. St. Louis

THOMAS R. WEAVER, JR. TRUST PROPERTY
APARTMENT HOUSE:

TOTAL MONTHLY RENTS 1015.00
STATUS VACANT
AVG MONTHLY UTILITIES 337.00
AVG MONTHLY EXPENSES 175.00
98 INCOME 8,977.00
99 INCOME 4,815.00
99 TAXES 204.21
00 INCOME 4,778.00
00 TAXES 137.98


Special Notes:
THIS PROPERTY WAS PHASED OUT IN 2000.  NO LONGER AN INCOME  
PRODUCING PROPERTY.  HOWEVER, WITH A SMALL AMOUNT OF WORK
IT COULD BE AGAIN.    


LOCATED IN A COMMERCIAL ZONE, COULD BE REHABILITATED INTO
OFFICE SPACE OR USED AS A BUILD LOT.  JUST TWO BLOCKS EAST OF
THE COMING JORDAN VALLEY CIVIC PARK!
    

Special Features:    
FIVE UNITS:  TWO EFFICIENCY UNITS, TWO ONE-BEDROOM UNITS, ONE
TWO-BEDROOM UNIT.  RANGING IN PRICE FROM $165.00 TO $295.00.  
LOT ALSO INCLUDES A ONE-BAY GARAGE WITH SMALL OFFICE.      

Potential Annual Expense to Income Breakdown:

GROSS ANNUAL RENTS: $12,180.00
GROSS ANNUAL EXPENSE: $  6,144.00
LESS 2000 TAXES: $     137.98
GROSS ANNUAL EARNINGS: $  5,898.02