This investment opportunity is a brownstone that was renovated within the last few years to produce 5-1 bedroom apartments,1 studio and a commercial space.The commercial space has been extended to the property line and has a basement.Currently, there is a church but it will be vacant at closing.Income5 apartments rented of the 6 $7350/month6th apt $1600/month projectedCommercial space $4000/month projectedTotal annual income including projected $154,800Expenses (annual)Taxes $19,832Water $6700Insurance $4200Super $4200NOI (projected) $119,8686% cap rateShowings only to serious cash buyers. Owner is applying for the certificate of occupancy and it will be delivered 3 weeks after closing. For the right offer, some units or all can be delivered vacant.***Each apartment pays their own utilities since they have their own boiler. Each apartment has a washer/dryer as well.***** (Internet 6313009)
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