Cap rate 10.11 - Two Well maintained buildings containing 7 units. 4 units in one building and 3 units in the other. Great neighborhood with public transportation. Owner pays heat, water, sewer and common area electric. There are 3 heating units. (2) Heating Units in the front building (1) Oil (1) Gas and (1) Unit in the rear building which is Oil. Exterior of building was recently powerwashed and all windows trim outside was recently painted. Some windows were replaced. Exterior of building also painted. Roof in rear buidling recent replaced All units have been freshly painted except for 2 bedroom unit which will be done soon. Roof on rear building just replaced garanteed for 10 years. Owner has spent over $25,000 in the last 6 months in renovations. Recent city inspections reveals minor violations. Property will be sold "AS IS" buyer responsible to correct violations.
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