Newly renovated 12 unit building in with a current rent roll of $164,000. Approx. Expenses are $31,000. Upgrades include, a brand new roof (2010) and water tank (2010). There is an assignable mortgage of approx $711,000 through chase. There are 12 apartments, including 6 one bedroom apartments and 6 two room studio apartments, only one apt is rent stabilized. Very good investment at less than 8x the rent roll.
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