Well maintained 4 unit apartment building with attached parking garage. Very desirable townhouse style apartments with separate basements, and all separate utilities including water meters. Each unit is very spacious with two bedrooms and one and a half baths. Roof is approx 3-4 years old. Owner is retiring. The building is section 8 approved at $650.00. Currently there is only one unit occupied. The other 3 units are rent ready.. Gross potential income is $32,100, operating expenses are $11,584 with a net income of $19,616+ when fully occupied with a cap rate of 13%. A real MONEY MAKER! Net income could be higher because water is metered separately but this owner includes it with rent.
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