Description
Great investment opportunity. Fully occupied!!!!! Money maker mixed used multi-family. Monthly Rental income 4100. Two front commercial/office/business/store units and Two back apartments, plus Back Garage /Storage area . Unit#1) 1st Floor Store Front -Convenient Store with 1 powder room , Current Rent 900/M Unit#2) 2nd Floor FRONT office -Photography Digital Studio with 1 powder room, Current rent 900/M Unit#3) 2nd Floor BACK 1 Bedroom apartment, monthly rent 1000/M Unit#4) 3rd Floor, 1 Bedroom Apartment current rent 1000/M Unit#5) Back Garage and Storage Rent 300/M . All 4 units and back Garage rented!!!!! Tenants pay their own electricity. Annual total rental income 50K and total annual expenses aprox, 12K, Net Rental income 38K. CAP 9.0 .Money maker investment property, well maintained ,excellent condition with recent upgrades , very convenient location next to 69th St subway and bus. Possible sellers financing for qualified buyers.
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01/2 BATHS
School Information
Description
Great investment opportunity. Fully occupied!!!!! Money maker mixed used multi-family. Monthly Rental income 4100. Two front commercial/office/business/store units and Two back apartments, plus Back Garage /Storage area . Unit#1) 1st Floor Store Front -Convenient Store with 1 powder room , Current Rent 900/M Unit#2) 2nd Floor FRONT office -Photography Digital Studio with 1 powder room, Current rent 900/M Unit#3) 2nd Floor BACK 1 Bedroom apartment, monthly rent 1000/M Unit#4) 3rd Floor, 1 Bedroom Apartment current rent 1000/M Unit#5) Back Garage and Storage Rent 300/M . All 4 units and back Garage rented!!!!! Tenants pay their own electricity. Annual total rental income 50K and total annual expenses aprox, 12K, Net Rental income 38K. CAP 9.0 .Money maker investment property, well maintained ,excellent condition with recent upgrades , very convenient location next to 69th St subway and bus. Possible sellers financing for qualified buyers.
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