Mixed us, property 3 apartments and 1 store, 1 parking space. 1st floor store being used as hair stylish with lease expiring October 2019, rent 1,870.00 Rear, 1 bedrooms studio rent $775.00. 2nd floor 2 bedrooms, living room, bathroom, eat in kitchen rent $1,100.00. 3rd floor 2 bedrooms, living room, bathroom, eat in kitchen, rent $1,100.00. Total month $4,875.00. Four hot water tanks, 4 heat units hot water baseboard, 5 feet basement with utility room. Estimated gross income $58,140.00. Expenses $18,000 net operating income $40,000 (estimated). Current asking price at 6.5% cap rate. Not a short sale, good property for 1031 exchange.
|Days On Site||296|
|Annual Tax Amount||12460|
|Assesed Tax Valuation||350000|