$565,000
Sold on 12/20/13
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
0 |
$15,142 |
|
|
On the market:
420 days
|
View full details, photos, school info, and price history
Two solid brick 8 family buildings with shared drive & lots of offstreet parking. Both buildings are identical with 1 bedroom units only. Gross operating income represents 95% occupancy. Gross expenses includes $7571 per building property taxes. 100% rented. Rental rates have room to increase and operating income could increase w/ more washer/dryer's. All new leases at $525, all former leases at $500. Long term tenants make for easy management. Many updates, code compliant and easy to rent.