Fully rented and updated 4 unit apartment building. Brand new 4th floor all electric unit with recessed lighting and new appliances. There is new flooring and electrical ran throughout the 1 bed room unit also. The three bed room 3rd floor unit host an new kitchen, carpets, bath, and is freshly painted. The second floor unit is also an updated 3 bed room with access to an attached deck and the rear. On the main level is a 2 bedroom unit with access directly on street level. The building is wired with smoke detectors and exit signs to code and boast parking for four. Two spaces in the front and two in the rear. The tenants pay all utilities except water which is on an allowance by the land lord. NOI is 15,937 which means this property stands strong at around 11% as is. Positives about this unit is the updates makes this a transfer ready property. New flooring, kitchens, bathrooms, painting, some electrical on forth floor, new furnace/AC on the fourth floor, new insulation added. The roof has been checked over the past two years and it is solid. Each unit comes equip with a stove and refrigerator. The rents are maintainable for the tenants. All things considered makes this property and solid investment and addition to any portfolio.
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