Updated over 8 years ago on . Most recent reply
6 Unit Apartment Building!!
Property Highlights:
This 6 unit is a well maintained building with pride of ownership inside and out
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Year Built: 1963
Building Size - 4,668 sq ft
Tenants pay Gas and Electric
Heating Type - Gas/Forced Air
Roof - Pitched
Two Stories w/ basement units (see picture below)
4/6 units have balconies
Covered Garage - 6 spaces
Unit Mix:
3 - 3bd/1.5 bth
1 - 2bd/1.5bth
2 - 1bd/1bth
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Property is being self managed by owner
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Recent Updates:
3 newer Furnaces (less than 3yrs old)
4 Units have A/C
2 Units have Wall Units (both 1bd/1bth)
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INCOME/EXPENSE:
RENTS
Apt A - $475 (1bd/1bth)
Apt B - $400 (1bd/1bth)
Apt C - $600 (3bd/1.5)
Apt D - $550 (3bd/1.5)
Apt E - $550 (2bd/1.5)
Apt F - $565 (3bd/1.5)
TOTAL MONTHLY INCOME - $3140.00
Expenses:
Water/Sewer - $425/mnth
Trash - WasteManagement - $60/mnth
Taxes - $583.36/mnth (7k/yr)
Electric- $55/mnth (commom areas)
Insurance - $175.68/mnth ($2,108/yr)
TOTAL MONTLY EXPENSE - $1299.04