Upper east-side Manchester: Compact 6 family, 6 separate FHW/gas (4 brand new) heating systems, thus new CoC! Tenants pay all heat & utilities; 6 -car parking at rear; (3) 3-bedrm apts in front stack, & (3) 2-bedrm units in rear stack. Vinyl- sided. Mainly, long- term tenants. TAWs. W/D hookups in all units. Circuit breakers. Many interior improvements, including 4 of the 6 furnaces & plumbing, tubs, toilets, some newer cabinets. Quiet building. Income $63,600. expenses -$13,357 . - $6360. V,M,M=$43,883. NOI with 9.8% Cap rate; $25,574 P&I on 80% mort. ; Net $18,319 per year with ROI of 20.3% Any questions? Area being upgraded rapidly w/ surrounding townhouses & condos.
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