FOR SALE City 5-unit apartment building Owner says sell!Total income=$23,640 minus total expenses of $13,176=$10,464 profit. (in this calculation is only 3-Mo of vacancy in the $300/Mo unit).Unit #5 is the back 1-Bed Rm studio rent is$315 w/tenant paying own gas($80/Mo) & own elec. Owner pays all Gas for 4-Apts. Except studio who pays their own ($80 per Mo)-All tenants pay own Elec. Owners Elect. for basement runs $423/Yr-Annual property Insurance=$972-Owner Pays Trash annual cost=$833 & owner pays for the only rental gas water heater($187/Yr.). Taxes-city-& school-$2862-water & sewer-$3862 for five--city Inspection cost-$450 & owners repairs last Yr $232-city Inspected-4/18/17. Call today to schedule a showing!
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