Rare legal 6 family with plenty of parking, fully occupied generating nearly $65,000 per year in gross rents. See attached profit and loss, this building should produce approximately $10,000 per year in cash flow after accounting for vacancy, expenses and mortgage payments. 1 3-bedroom unit, 1 2-bedroom unit and 4 1-bedroom units. One gas heating system and one large gas fired hot water tank mean fewer mechanicals for you to service/replace. One electric meter makes it easy to manage turnovers because you will not need to change over utilities. All tenants rents include heat, hot water and electricity. 3 Propane tanks provide fuel for gas stoves only. Well appointed, with several recently renovated apartments make them easy to rent. Building is fully fire coded and completely turnkey.
Listing courtesy of Keller Williams Realty NRI.
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