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Forums » Make Deals, Find Partners, Mentors & BirdDogs, etc. » Instant Cashflow 4-Unit Port Jervis, NY

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Tag Tags: 4-unit cashflow -24-k


Daryl A.

Real Estate Investor · Queens, New York


Forum_avatar_avatar-daryl_a

Nov 28 '10, 12:31 PM

Port Jervis, NY in Orange County
$240,000

4-Units
2 Operating Stores in front (Convenient store, Motorcycle apparel store)
2 family home in back with tenants, (1 bed/1 bath apt, 2 bed/1 bath apt)
Both apartments have living and dining room, backyard shared.
Convenient store been operating for 20 years, Motorcycle apparel store operating 2 years
Apartments living there 3 years and 1 year.

Monthly rents $2695
Annual income $32,340

Taxes around $5000
Water around $1200
Insurance around $2100

Net income around $24000




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