• Sold
• Single Family · 23 Units

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Overview

Price reduced for this newly rehabbed multi unit apartment building! Convenient location with walking distance to the bus & the train! All 23 one bedroom units have been updated & rented! There is also a laundry facility on site (additional income approx $300.00 month). Units rent for $675.00 to $710.00 a month with heat & water included. Tenant pays electric. There is a separate new wall unit with electric heat/ac in each unit. Building b has 12 units,building a has 11 units,great long term investment property! Property insurance is currently $5537.50 a year (gross income approx $191,340.00 with 12 units at $710.00 and 11 at $675.00 a month.) Increase in taxes include a $365.00 a yr per unit borough sewer fee (owner appealing because usuage is based on 2-3 people).