SOLD
Description
renovated 2015..gas heat high efficiency boiler..sale comes with vacant .05 lot to right of building as well as large driveway and 3 car garage to the left of the building for extra income... Can make empty lot part of driveway if knock down garage can get approx 25 spaces at $100 a month for more income. High CAP rate for this market. These are 2 bedroom railroad style apts. Each apt has newer bathroom, newer granite kitchen, 2 bedrooms and living room. 1N-$1500, 1S-$1550, 2N-$1700, 2S-$1600, 3N-$1700, 3S-$1600, taxes $12316, water $1517, gas heat $6000 (new gas high efficiency boiler), ins $5000. Gross rent $115,800 nets $90967 CAP rate is 9%. Listing agent makes no representation buyer must do their own due diligence as to CO's and violations
Listing Courtesy of charles rutenberg realty, inc.