Priced at only $25/s.f. Good rental history. Nice property to cater to University Students. Property is an excellent candidate for updating and raising rents. Annual rents are approximately $13,000 below market rents for 6 more modern units. ($495/2br) ($395/1br) Annual Avg. Historical Income: $21,375 Annual Avg. Historical Expenses: $9,000 Unit Mix: (5)two bedroom 1 bath. (1) one bedroom one bath. Rents: 3units @ $350/mo. 2units @ $300/mo 1unit @ $225/mo. Total Possible Annually $22,500 Taxes: $1,800 Insurance $3,200. All units have separate meters. Tenants pay all utilities.
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