12 Suite Apartment Building

Highlights:

• New Roof ( 5 Years )
• All Apartments Remodeled Except Legacy Units
• Common Areas Recently Painted and New Flooring
• Maintenance Man Lives in Building
• All Brick Exterior
• Bus Stop at the Next Corner Very Close to Building

Description:

12 Suite All Brick Exterior Suburban Apartment Building with Attached Parking Garage with Auto Opener. Nine Apartments have been Freshly Remodeled. Inside Common Area recently Painted and New Flooring. Each Apartment comes with a Stove and Refrigerator. All Apartments have Separate Gas and Electric Meters, Separate Furnaces and 11 through the wall Air Conditioners, 5 Year New Hip Roof with Dimensional Shingles, There are 3 Levels with 4 Apartment Units per Floor. Laundry Area Equipped with New Coin Operated Clothes Washer and Dryer . Each Unit comes with a private Keyed Mail Box.
Bus Stop at next corner at Cato Street, Fire Escape at Rear of Building.
Additional Income Potential ( Garage Space Rentals adds an extra $50 per month )
Apartment #3 is traded for Maintenance,
Additional Income Potential:
( 5 Garage Spaces Rented at $50 per space per month. ) 3 Garage Spaces Available to Rent
( If New Owner is proactive they can handle doing your own Maintenance $800.and Management $800. you will gain $1600. per month )
( Rents can be increase on Legacy to $700/month for 1 Bedroom Units and $800/month for 2 Bedroom Units )
( Coin Operated Washer and Dryer adds approx. $50.00 per month income )