Turn-key investment opportunity! Excellent 8-unit multi-family property featuring eight individual 1-bedroom apartments with a strong Net Operating Income of $65,647 after expenses. Landlord utility expenses (water, sewer, and common electric) total just $2,852/year. The building offers plenty of off-street parking behind the building for each tenant and is designed for low-friction management, featuring 9 separate electric meters (8 tenant-paid, 1 landlord meter for common spaces). Additional income stream provided by on-site coin-operated laundry facilities generating approximately $2,000/year ($500/qtr). Security-enabled building features a locked front entry with postal key access, plus a remote-viewable security camera system that transfers to the new owner. Well-maintained property with a solid rental history, established rental schedules, cooperative tenants aware of the sale, and full compatibility with local housing assistance programs. Perfect addition to any portfolio!
7,820 Sq Ft
0.1909 Приватні акри Розмір партії
комерційний
921 USD Щомісячний податок
Вбудовано 1960
MLS/Ідентифікатор об'єкта R1702552
2 Історії
8 Одиниці
Heating - Forced Air
Heating - Gas
Construction - Concrete
Public Water
Public Sewer
Flat
Lot - Rectangular Lot
ЗАГАЛЬНА МІСЯЧНА ВАРТІСТЬ
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