This is an incredible property in probably the nicest area of Warwick. Four-unit property produces $3,725 in monthly rents, fully occupied at below market rents! Lay-out: • First Floor: 2-bedroom unit • Second Floor: 2-bedroom unit • Third Floor: 2, 1-bedroom units Property Features: • Tenants pay own electric and hot water, owner pays heat (oil) and water\sewer • Very conveniently located on quiet street and close to bus stops; you will NEVER want for tenants here • Roof ~13 years old • All tenants on leases (2 expire on 7/31, 1 expires 9/30, and 1 expires 12/31) Following upgrades: • Brand new hot water heaters (installed last fall) • Recently renovated 1 bedroom and stairwell • Coin operated Maytag washer/dryer (produces ~$100 income per month) • New fence and stone wall • Upgraded to fire code • Roof ~13 years old The numbers work really well on this as an investor. You will cash-flow right away with a nice return. Also, a great owner-occupy property since the buyer will live for free with mortgage more than covered by rents from other units. Price is firm. I am selling because I am moving out of the area.
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