united states,  |  click here to login  |   Welcome, Guest

stumblehere classifieds       housing       real estate for sale




Massive Cash Flow Property for Sale! - $2,900,00








      
    Share on Twitter   Share on Facebook
Location: new york city, ny
Date Posted: 12/24/2011
website link: www.invisionproperties.info
Building Size: 75 x 99
5 Story walk up apartment building with 25 Units (105 rooms):

5 (1BR) line E
15 (2 BR) line B, C, D
5 (3 BR) Line A
1 Super Apartment

Annual Rental Income: $ 385,014.96

Tenants’ additional payment $ 7,371.00 (annual contribution to the investment – new boiler

TOTAL INCOME $ 392,385.00 Expenses:

RE. Taxes $ 39,691.86

Water & Sewer $ 16,500.34
Electric $ 1,835.23
Fuel $ 27,650.00
Insurance $ 9,300.00
Super $ 6,800.00

TOTAL EXPENSES $ 107,177.43

NET PROFIT $ 290,608.53

Serious buyers contact me for rent rolls, viewing arrangements and any questions asking 2.9 million, must be able to move quick and close fast. No repairs are needed on this property, one apartment is vacant, no lease extends beyond 7 2013. This property is not on the MLS fresh to the market take advantage of it now! Washington Heights is on the rise and the rent rolls are outstanding.
Contact me woodson@invisionproperties.info or 646 673 5051, 347 706 8923

Additional Information:
keywords: real estate,apartment building,investment property

profile / store: http://www.stumblehere.com/a/invisionproperties/



WARNING!!
Please avoid scams and fraud by dealing with local individuals only and meet them in person to pay for items. Never provide someone with your personal and financial information (i.e., bank account information, paypal account information, social security number, etc.).