Ogdensburg six unit apartment house(5th unit has 4 Rms w/2-Bed Rms & 1-Ba-tenant pays heat & elect-rent=$700-6th unit has 3 Rms-1-Bed Rm 1-Ba w/tenant paying heat & elec. rent-$450/mo). Large 4-bay Det. garage and Lg parking area in back.Current owners have done many updates-6 stoves & refig. convey-App. annual income=$45,000 w/ app.annual expense=$14,670(annual management fee$4800-insurance-$1000-Taxes-4235-water&sewer-$4635)- The owner plans for a 5% vacancy rate and reserves 5% maintenance/repairs. All the tenants pay for their own heat & electric.
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