Overview
Description
All Brick, corner, 6-unit apartment building featuring two 3-bed/1-bath units and four 2-bed/1-bath units. Many updates throughout. All six units have been modernized in the last five years. The building has a new roof and partial parapet rebuild. Individual furnaces, tenants pay their own gas and electric. Pro-forma rents of $90,000/year and low overall expenses generate $69,883 NOI ~ which translates to a 12.2 CAP rate. Coin-operated laundry in basement. Several new furnaces. Contact Broker for more details. Agent Owned.
Other Features
Brick
Cable Available
Electricity
Heat
Municipal Water
$2,948.14
per month
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
$ 2,229.39
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