Updated almost 9 years ago on . Most recent reply
8unit Apartment - $315000. 90% occupied. Bring in $4000/month
Go big or go home is the MOTTO here. Proud to present to you MY PERSONAL apartment building.
I've fixed this up and it's now ready for the next investor. PURE TURN KEY at it's finest
Highlights
New roof installed September 2015. Transferrable warranty for 10yrs on Labor from Roof Recovery Systems
5 new water tanks installed in last 12months
1 new furnace installed Feb 2016
All individually metered Gas and Electricity. Each unit has individual water tanks and furnace
All breaker boxes inside units
All come with appliances; fridge and range. Mixture of Old and New
Completely rehabbed unit #1 in April 2016
Hall way was repainted May 2015
All exterior brick and sandstone was given freshly painted June 2016
Units #3 and 4 freshly repainted
Rent Rolls
#1 $525/month. Lease expires May 2017
#2 $500/month. Lease expires 1st March 2017
#3 $500/month. Lease Expire 21st July 2017
#4 Vacant
#5 $500/month. Lease expires 7th March 2017
#6 $490/month. Lease expires 1st July 2017
#7 $550/month. Lease expires 1st July 2017
#8 $560/month. Lease expires 1st July 2017
Tenants pay in a mixture of Online and Direct Deposit
Utilities paid by Landlord
$240/third – Water
$335/third – Sewerage
$15/month - Hall lighting
$2030.45/bi-yearly - Taxes
$70/month – lawn cutting