6 unit building with 5 residential and 1 commercial units with great upside from increasing current low rents. Total Annual Residential Revenue: $68,350.92 (No one has any leases and everyone is paying under market value.) 2015 Projected Annual Rent Roll: $100,000 CAP Rate after rent increase will exceed 9% Expenses: Super: $1,800 Tax:$ 13,287 Water: $5,854 Oil: $8k Electric: $1,000 Insurance: $3,000 Detailed Rent Roll: Apt #1 Lease Term: N/A Bedrooms:1 Current Rent Fee: $900.00 Apt #2 Lease Term:N/A Bedrooms:2 Current Rent Fee: $950.00 Apt #3 Lease Term:N/A Bedrooms:1 Current Rent Fee: $765.91 Apt #4 Lease Term:N/A Bedrooms:2 Current Rent Fee: $1,180.00 Apt #5 Lease Term:N/A Bedrooms:1 Current Rent Fee: $800.00 Comm Lease Term:N/A Current Rent Fee: $1,100 Building Info: Built Area - 5,040 ft2 (Average ~720 ft2 per unit) Lot Area - 2,000 ft2 (20.0 100.0) FAR - 2.52 Zoning District - R5
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.
