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Vacant 9 unit investment property is a potential income generator. It requires complete renovation (plumbing, electrical, roof exterior, and interior). It is simply fantastic and has 75% of its original detail. High ceilings, crown moulding, marble fireplaces, shutters, plaster walls.
Potential Annual Rent Roll is $129,600. The Annual Expenses are approx $25,950. Net Income is $103,650.
The building is a 18FT Wide x 53 FT Deep townhouse
Building Specs:
Bldg: 18 X53,
Lot: 17.5 X 99.92,
Stories 3,
Zoning R7-2,
Building Class – C5
Taxes $6,595
Each apartment (studio) is approx 400 SQFT. The parlour floor is approx 900 SQFT. This is not an SRO. All 9 Apartments are vacant.
Owner has Certificate of No Harassment
For Showings, Contact Cyril Swavy and Elaine Perry at 917 841-3230.
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