Owner has filed Certifcate of No Harassment
7 unit investment property income generator.
All units are studios. The exterior and interior are loaded with beautiful original detailed molding, wainscoting, fireplaces and carvings. The fuel is oil/steam. Separate circuit breaker boxes and meters for each unit.
Rent Roll
Studio 1 N Rent = $1453.11 Lease Expires 8/31/11
Studio 2N Rent =$901 Lease Expires 12/31/11
Stiudio 2S Rent = $1332.38 Lease Expires 8/2/11
Stiudio 3N Rent = $1124.75 Lease Expires 2/19/11
Stiudio 3S Rent = $1053.18 Lease Expires 12/8/11
Stiudio 4N Rent = $1266.90 Lease Expires 11/30/11
Stiudio 4S Rent = $1026.85 Lease Expires 10/31/11
Super’s Apt Rent = $300 – No Lease
Total Monthly Rent = $8,456.17
Total Annual Rent = $101,474.04
Expenses;
Electricity and Gas $2700
Water and Sewer $3600
Taxes $7639
Fuel $7500
Maintenance $1500
Vacancy Allowance $2500
Total Expenses; $25,439.
Net Income: $76,035.04
The building is a 17FT Wide legal 7 unit townhouse with 7 separate water meters, 7 gas and electric meters.
Building Specs:
Bldg: 17 X71,
Lot: 17 X 99.92,
Stories 4,
Zoning R7-2,
Building Class – C1
Taxes $7,639
Each apartment (one bedroom) is approx 570 SQFT.
All apartments are occupied.
Contact Elaine Perry 917 841-3230
