If you ever wanted a chance to dip into commercial apartments here is your chance. 106 S. Davis st in New Boston is a total of 10 units. 4: 2/1’s and 6: 3/1’s with equity to add. Property is set up with 2: 5 plex units. Cinder block structure covered with sheetrock and wood paneling. All units have been updated within 3 years. Metal roof, solid concrete foundation. Equity to be added; privacy fencing, porch rails, snap lock vinyl flooring, paint roof, trim, and exterior doors. Units do have central heat and ac however ac’s do not work so they have been replaced with window units. Units are 9/10 occupied and up to date on rent. Total monthly income is $6,900. After Jan. the last unit should be complete and gross income will be $7,700. I always have a line of people wanting into these apartments. Vacancies usually last 7-10 days. Owner covers; water $300, Trash $300, Gas $300, lawn care $150 Asking price: $700,000
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