$549,000

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MLS #:
58614
Status:
Active

Don't know what to do with your money? Great opportunity on this multifamily property with nice cash flow! Consists of 3 buildings in all and a detached garage. 2bd/1 ba up/down duplex at the road with 2 one level row apartments to the North. Apartments are 1 bd/1 ba consisting of 13 units. Co-op laundry on site provides additional income. Property has been well maintained with many improvements. Great rental history. 2020 approximate numbers: Income $105k, expenses at $49k (not including debt service).

Courtesy of MLS Reciprocity:
Flanders Team
RE/MAX REAL ESTATE CENTER
  • Total Units:
    0
  • Garage:
    1.0 Car, Detached
  • Year Built:
    1945
  • Living Area:
    7,044
  • Heating:
    Natural Gas
  • Cooling:
    Wall Unit
  • Waterfront:
    No
  • Laundry:
    No
  • Tenant Pays:
    Cable
  • Owner Pays:
    Snow Removal, Lawn Care, Water, Trash, Heat, Electric
  • Expenses:
    $49,064.00
  • Net Income:
    $56,679.00 Yearly
  • Gross Income:
    $105,743.00

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