Multi Residential investment opportunity with 10 unit 2 story apartment (8 are legalized), producing a net income of $73,785.94 (8 units). Landlord pays for all utilities, there are separate hydro meters available that have never been hooked up. Property contains 3 septic beds and 1 drilled well. Building being sold in an as is where is capacity. There are outstanding capital required, Seller estimates $70,000.
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Detailed Information
Freestanding
Y
Bathrooms
10
Lot
297.81 x 0 ft
Total Area
1.35 acres
Approximate Age
31-50
Air Conditioning
Part
Garage Type
Outside/Surface
Heat Type
Baseboard
Gross Income/Sales
$126,640
Hydro Expense
$18,250
Heat Expenses
$5,186
Insurance Expense
$8,884
Management Expense
$2,517
Taxes Expense
$6,024
Other Expenses
$1,863
Expenses Actual/Estimated
Est
Outside Storage
N
Area Influences
Major Highway
Sewers
Septic
Utilities
A
Water
Well
Survey
N
Lot/Bldg/Unit Code
Lot
Zoning
RM2
Seller Property Info Statement
N
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