Outstanding brick ranch 4 Family apartment building located in Washington Township. (also available for sale are 2 more 4 family apartment buildings located at 8328 Woodgrove Ct. and 8338 Woodgrove Ct., each priced at $404,000). 6 of the 12 units have been remodeled. All 3 buildings have newer windows and 10 of the 12 units have newer hvac systems. Current rents average about $750.00 per unit, $3,000.00 per 4 family. These rents are below market. Market rents are at least $850.00 per unit in my opinion, which would bring monthly rents to $3,400 per 4 family building. The units are 2 bedroom with one bath. Call with questions or to tour a unit. These apartments have been beautifully maintained, fully occupied and make a great real estate investment. Compare. * Tenants pay heat and electric. operating expenses show property taxes only. NOI is only showing property taxes as expense. (call for additional expenses in addition to property taxes).
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