Very good property for first home buyers, investors and developers.
Three family house. Zoning R-7-1. Total 8 Bedrooms.
Apt Fl1 2BR leased $1320
Apt2F 3BR Leased $3888
Apt3 3BR Vacant project price $3.777
Yearly Gross income $8985x12= $107.940
Expenses
Tax $3700
Heat $5.000
Water $5.000
Insurance $2.500
Electric $600
Total $16.800 (Apr) Net Income $91.400 CAP 8.7%