This is a real money maker! This 16 unit building offers a Great location for tenants with proximity to shopping, buses and downtown office hub. There are 14 rooms, 2 x 2 bedrooms apartments, 1 storage unit. This property has been property has been operating as a business for over 40 years & makes a very good return. Many long-term tenants. In the last few years the property has undergone extensive updates to both the interior and exterior, boiler upgrades and a monitored fire alarm system. There are a few certificates that been done including fire safety plan & a Retrofit Certificate. A confidentiality agreement must be signed before any financial information is released. Gross income approximately $105,000.00/yr. Great deal so call for a showing!! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Equipment
Water Heater - Gas
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Water Heater - Gas
Transaction Type
For sale
Zoning Description
C4-1
Building
Basement Type
Full
Cooling Type
None
Exterior Finish
Brick, Vinyl siding
Fire Protection
Fire alarm system
Flooring Type
Hardwood, Linoleum, Vinyl
Heating Type
Boiler
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2.5
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Gravel
Land
Total Size
10,890 - 21,799 sqft (1/4 - 1/2 ac)
Sewer
Municipal sewage system
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