This 4 family has 4-2bdrm units, electric baseboard heat, quiet street, priced near assessed value and has good numbers! Rents are $525 unheated and could be higher! Deck overlooks backyard and Power Boat Club. Tenants pay own heat & lights. Washer/dryer hook-ups. This building was built as a 4 unit and is not a building that was renovated over & over. Total rental income - $25,200, taxes - $4813, insurance - $1200, water/sewer - $2000. Approx. expenses - $8013, approx. net income - $17,187. This is a great investment building that is well priced and well worth a look!
Property Summary:
Category:Other
Bedrooms:0
Bathrooms:0
Garage:0