9 unit building with1 Studio, 6 1BR, 1 2BR, 1 3BR. Gross rents are $5710/mo, landlord pays gas/electric which averages about $700/mo. Formerly 10 units but two units were combined into one. All the major work has been done: brand new roof in 2018, exterior paint in 2017, newer high efficiency forced air furnace. Apartments need TLC but priced accordingly at only $27k per unit in desirable Tipp Hill neighborhood. Tons of potential, either renovate the apartments high end and increase rents or buy and hold for cashflow.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
