See attached documentations. Nine (9) non-housekeeping units with community kitchen for up to Sixteen (16) people. Property brings in a gross monthly income $12,500 on average. Annual Gross income $150,000. Property breakdown listed below:
* Basement level: Room 1 $550 , Room 2 $400 , Room 3 $400, Room 4 $600, Room 5 $600 , Room 6 $400 , Room 7 $400 , Room 8 $400 , Room 9 $700 Studio with Full Bathroom. In addition, there are 2 full and Half Bathroom for communal use.
*Firs Floor : 1br 1ba Apt $800 , Office including full bathroom $2500 (Owner Occupied) , 2Br 1Ba $1100.
*Second Floor: Room 1 $500 , Room 2 $500 , Room 3 $400 , Room 4 $450 , Room 5 $500 , Room 6 $400 , Room 7 $400 , Room 8 $500. There are 2 full bathrooms for communal use.
* (2)Newer Water Heater Tanks, Rubber Roof Installed in 2018, New Sewer Line to the curb installed in 2023. Fire Alarm System. There are 4 Fire exits. Each Room is heated by its own Electric Fan Blower heater.
* 200AMP Service. 2 Electrical Meters. One services the 2br 1ba Unit located on the 1st floor. Second meter services the whole building.
Expenses:
Insurance: 2000/Yr
Water: 275/mo Avg
Electric: $650/Mo Avg
Pest Control: $65 every 6 months.
NO GAS.
Trash: $300/Yr
