Description
Calling All Investors & Developers!!! Prime 6 Unit Free Market Corner Building For Sale Offered @ A 5.8 Cap!!! Located Just East Of Prospect Park This 5,100 Sqft. Building Features 4 FREE MARKET Apartments, Brand New Sprinklered Laundromat + Brand New Convenience Store With Long Leases, Excellent Signage, Great Exposure, Separate Meters, Long Leases, New LED Lighting,+++!!! All Tenants Pay For Their Own Utilities. Income: 2 Br Apartment: $33,600 M-M 3 Br Apartment: $21,600 M-M 4 Br Apartment: $30,000 M-M 2 Br Apartment: $21,600 M-M Gross Income: $178,800 Expenses: Taxes: $16,000 Water: $7,000 Insurance: $3,400 Gas: $0 Maintenance & Repairs: $250 Total Expenses: $28,650 Laundromat: $36,000 (1,200 Sqft.) Lease: 8/1/2020-8/1/2025 Deli $36,000
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School Ratings & Info
Description
Calling All Investors & Developers!!! Prime 6 Unit Free Market Corner Building For Sale Offered @ A 5.8 Cap!!! Located Just East Of Prospect Park This 5,100 Sqft. Building Features 4 FREE MARKET Apartments, Brand New Sprinklered Laundromat + Brand New Convenience Store With Long Leases, Excellent Signage, Great Exposure, Separate Meters, Long Leases, New LED Lighting,+++!!! All Tenants Pay For Their Own Utilities. Income: 2 Br Apartment: $33,600 M-M 3 Br Apartment: $21,600 M-M 4 Br Apartment: $30,000 M-M 2 Br Apartment: $21,600 M-M Gross Income: $178,800 Expenses: Taxes: $16,000 Water: $7,000 Insurance: $3,400 Gas: $0 Maintenance & Repairs: $250 Total Expenses: $28,650 Laundromat: $36,000 (1,200 Sqft.) Lease: 8/1/2020-8/1/2025 Deli $36,000
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