COMMENTS:
- Investment Opportunity.
- 8 unit apartment building.
- Built in 1906
- Each unit is 2 bedrooms.
- Each unit has deparate gas boilers.
- Tenants pay their own heat, hot water and electric.
- Rents range from $600 - $700 per month.
INCOME $61,800 annually
EXPENSES
Taxes $8,660
Insurance 3,623
Water/sewer 5,000
Electric 1,824
Maint/repairs 1,644
TOTAL EXPENSES $20,751
NOI $41,049
Total s/f 8,880
Number of floors 4
Exterior construction Brick
Interior construction Plaster
Ceiling height 8'
Roof Rubber - 2003
Sewer / water City
Gas Yes
Electric 100 amps
Air conditioning Window units
Type of heat Gas
Assessment $217,00
Mill rate 39.9202
Tax $8,660
Total acres 0.20
Zoning RM
Parking On street
SALE PRICE: $199,000
CONTACT: NICK LONGO
All information furnished is from sources deemed reliable and is submitted subject to errors, omissions, change of other terms of conditions, prior sale, lease or financing or withdrawal all without notice. No representation is made or implied by Matthews Commercial Properties, LLC or its associates as to the accuracy of the information submitted herein.
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