5 unit property. (2) - 1 bedrooms/1 bath (2) 2 bedrooms/bath and a 3 bedroom with 2 baths. All are rented except one - 2 bedroom upstairs is ready for a tenant and will be rented soon. And a 1 bedroom that needs some updating before it can be rented. The 1 bedrooms rent for $625. 2 bedrooms rent for $650 the 3 bedrooms/2 baths rents for $700. Owner is currently paying all utilities. The building has 3 forced air furnance ( 1 is new ) and two A/C units. There are separate meters some each tenant could pay their own electric. But, currently 2 gas meters. ( a third could be added ) Currently owner is paying $19,000 a year for utilities,Insurance, property taxes. Potential income with all units rented is $39,000.
Listing provided courtesy of Berkshire Hathaway Home.
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