Solid 1977 brick construction, large 2-bedroom units w/most new windows, flooring and cabinets. In very good condition, 100% occupied w/no vacancy over last several years. A great investment with positive cash flow. See listing broker for spread sheet of cash flow, returns and projections for a 10 year hold. Income/Expense sheet scanned into other documents. Rents BEING raised from $450 to $475 & $500 in 2008, competing units renting for $525 to $550. As of 10/1/08 4 units @ $450; 6 units @ $475; 1 unit @ $500 and 1 unit vacant which will be re-rented at $500. THESE UNITS ARE WAY UNDER COMPETING RENTAL RATES.
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