TWO 1 BEDROOM APARTMENTS IN A TWO STORY BRICK SIDE BY SIDE BUILDING WITH ONE COMMERCIAL STORE ON THE FIRST FLOORS (TENANT PAYS OWN UTILITIES, REAL ESTATE TAXES AND WATER)* TWO 1BR APARTMENTS ON THE SECOND FLOOR (TENANTS PAY OWN UTILITIES)* FULLY RENTED - POSITIVE RENT ROLL: FULLY RENTED CURRENTLY AT $4,700 (1 UNIT IS RENTED AT NO LESS THAN FAIR MARKET AND CAN EASILY BE RE-RENTED FOR AN ADDITIONAL $300/MONTH WHICH WILL BRING RENT ROLL CLOSE TO $5,000/MONTH.* GATED TWO CAR PARKING AREA AT REAR OF BUILDING AND FINISHED BASEMENT.* DOUBLE THERMAL PANE WINDOWS IN APARTMENTS ARE LESS THAN FOUR YEARS OLD; WATER HEATER IS LESS THAN THREE YEARS OLD.* RUBBER ROOF - THREE YEARS OLD* BUILDING HAS APPROXIMATELY 2,800 S.F. * NEW CELLAR DOOR (INSTALLED ONE YEAR AGO) * REAL ESTATE TAXES INCLUDED STAR PROGRAM WITH AN AMOUNT OF APPROXIMATELY $11,800* STORE TENANT PAYS 22% OF TAXES AND 80% OF THE WATER BILL (CURRENT WATER BILL IS ESTIMATED AT $450/YEAR)* SIMILAR BUILDING COMPS IN THE AREA ARE OVER 550K
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