Please contact by email to set up showings. Recent Property Updates: • Garage o 2021 New Garage Roof Removal and Addition o New Gutters o Garage paint o New parking lot lights o Fix Concrete Steps Front and Back • Management o Split electrical o Management controlled heat o USI internet for all units o Add sensor lights to all common areas – lowered electrical costs • Laundry/Basement o New Pipes, Floor Drain, and Floor Pipe o Basement paint removal paint and paint floor o Add clean out 2021 o Sewer cleaning 2021 • Unit 3 o Paint cupboards in kitchen o Paint entire apartment including windows and molding o New fan, blinds, screens, light fixtures • Outside wire removal, consolidation, organization • New Mailboxes Financial Breakdown Price: 875,000 Revenue: 72,510 Expenses: 40% - Estimated NOI: 43,506 Interest rate: 3.2% 30 years Cap Rate – 4.97 Property Taxes: $9,722.94 Property Insurance(estimated): $2,200 Trash: 1,553 Water and Sewer: 2,300
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