**EXCELLENT INCOME PRODUCING PROPERTY** Legally Re-Zoned & Renovated 7 Unit Multi-Family. This Property Offers Two 3 Bedroom Units and Five 2 Bedroom Units ALL Utilities Separately Metered. Net Operating Income is $107,000. Cap Rate of 12% Potential to Maximize Revenue with Rents Below Market Value. Operating Expenses (Including Taxes, Water, Electric & Insurance) $14,000 Great ROI for a 1031 Exchange. Tenants Responsible for Heat, Hot Water and Electric. 4/7 Units Renovated from Studs Out. Architectural Drawings Remain for 3 units to Convert into 3 Bedrooms. All Units Occupied, Tenants at Will. On/Off Street Parking and Private Driveway. All Newly Installed Sprinkler System, Hardwired Fire Detectors, Security Surveillance System, Vinyl Siding, Windows, Doors and Decks (Roof 2011) Convenient Location to Downtown, Commuter Rail, Shops, Restaurants & Highway.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.