INVESTORS TAKE NOTICE - $100,000 price drop - 4 buildings - 34+ units - sold as package only - See attached spreadsheet for expenses. Income low due to long term tenants - mostly on month-to-month rentals. Income of 4 blds could esasily be raised to extra $26K income and potential for 2-3 more units available. Properties include: 4-6 Auburn St. - 15 units (all efficiencies) possible 2-3 more units w permits;, 55 1/2-57 Kinsley Street - 2- 1 BR & 4 2-BR (assessment card states 4 units) been 6 for over 40 yrs. - 36 Mulberry Street - 4 units - 1 efficiency - 1- 1 BR & 2- 2BR and 32 Kinsley Street- 11 units - 10 efficiencies & 1 - 2BR. Updates incl. - 8 new water heaters, 3 new heat furnaces, repaired roofing & siding, new wooden stairs, etc. Gross Income currently $286,140 Expenses - $91,086. includes, heat, electric, water, sewer, taxes, & Insurance. See paperclip for info on each building.
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