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$600,000
12
Beds
6
Baths
3,522
Living Area
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Property Description
Nice 6 Family with 2 Studios @$1100 & $500 ea, 2 One beds@$1200 ea and 2 two beds at $1400 & $1600 ea. Heat and hot water is included along with coin laundry. Long term tenants with strong history. Gas Averages $450 a month for heat and hot water. Purchase Price $675,000 - 25% ($168,750) =$525,000 @ 6.25% =$3200 + $441 Taxes + $375 for Ins. + $450 for Heat and hot water Total Expenses=$4500 minus Total Income=$7050 = Profit of $2550 per month. This is a solid investment with not alot to do.
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Highlights
- Cooling: Unit 1(Window AC)
- Heating: Unit 1(Hot Water Radiators), Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators), Unit 4(Hot Water Radiators)
- Property Class: Residential Income
- Total Rooms: 24
- Status: Closed
- Has View: Yes
- Parking Spots: 3
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Appliances: Unit 1(Dishwasher, Refrigerator), Unit 2(Microwave, Refrigerator), Utility Connections for Gas Range
- Construction: Frame
- Flooring: Wood
- Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
- Roof: Shingle
- View: City View(s)
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Exterior Features: Porch, Gutters
- Foundation: Granite
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Details: Actual
- Zoning: A-2
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Amenities
- Community Features: Public Transportation
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 200+ Amp Service, Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $416,900
- Compensation Based On: Gross/Full Sale Price
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Heat, Hot Water)
- Taxes: $5,261
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Tax Year: 2022
- Total Rent: $7,450
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Lion Gate Real Estate, Inc..
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