Solid brick 3-family with many updates: Roof, Windows, Electrical, Hot Water Heaters. Natural gas heating. Approximately 4,032 square feet with large unit sizes. Each unit has two spacious bedrooms, full bath, large dining and living room, and kitchen. Basement has full bathroom, and washer & dryer hook ups. Walk-up attic for storage or other use. Oversized lot 0.34 acres with larger rear yard. Excellent Tenants that pay rent on-time every month (very rare and remarkable in today's economy). First floor tenant month-to-month. Second and third floor leases expire September 30, 2021. Tenants are responsible for their utilities (heating, electricity, etc.). Landlord pays cold water, property taxes and exterior insurance. Rents are below market which range from $1,250 to $1,450 per month for these larger size units that consist of approximately 1,344 square feet each. Excellent Market Cap Rate 10% with a GRM of 92. Please follow COVID Safety precautions: per tenant request, please make sure all visitors are wearing masks, maximum of 3 people for showings. Do Not disturb Tenants: Please do NOT walk/drive go onto property until you have confirmed schedule showing.
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