Building Details:
• Year Built: 1820
11 Unit multi-family consisting of studios, one, two and three rooms. Upgrades include replacement windows, vinyl siding, roof fairly new, appliances, full basement, some parking on site, municipal water and sewer, natural gas, Zoned RC. Land to bldg. ratio 19/81%. Gross Income $88500., Expenses $33180., Net $55320. Cap Rate 10%. Portion of expenses incl. advertising fees; vacancy factor; management fee; repairs/maint. fee all totaling over $11000., most of which could be added to bottom line profit resulting in more money in your pocket. We have others under separate listings. Call for marketing package.
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- Chris Norwood, agent and Rofo Pro
