Great investment opportunity with 4 residential apartments and 3 commercial spaces for a total of 7 units. The property is fully rented at lower than market rents. There is a large parking lot and it sits on a little over 2 acres. The owner pays all utilities on 5 of the units and 2 units pay their own except sewer. The property is being sold AS IS. Income and expenses are as follows: total income $56,460 - Sewer $3,200, Insurance $2,390, Taxes $9,566, Electric $4,584, Gas $2,808, Trash $1,536. Net operating income is $32,376. Lots of potential here!
Courtesy of: Herb Real Estate, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 9th August, 2022 12:46 PM (UTC)