"Add this tenant occupied five unit apartment with separate gas & electric to your portfolio. $27K in gross annual income at full occupancy. That's an almost unheard of 50% ROI! After all expenses deducted, still almost $23K net income. Great tenant location with bus, supermarket, store & bank just across the street. Located on Lovejoy side of Bailey. Tenant parking on Greene St. Some newer high efficiency furnaces and HWT's, electric updated, vinyl/double paned windows. Roof has been patched but is near the end of its useful life. No leaks. Owner will consider financing with 25% down."
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