
Courtesy of: Olga Leggett, K2 Real Estate Group, olga.leggett@gmail.com
$1,399,000
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24 bed
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1.00 Bath (12 Full)
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Lot: 1.73 Acres
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Apartment
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$1,399,000
120, 121, 128 Cedar Avenue OWNER FINANCING is available VERY well maintained property, completely remodeled 3 buildings with 4 units each, 12 total units total All units are 2 bedrooms 1 bathroom Very low turnover, many long term tenants, annual leases $133, 800 current annual rent Market rent $144, 000 Annual expenses $12, 875 All utilities paid by tenants, separately metered All units have washer & dryer & dishwashers Central air Brick buildings with new low maintenance metal roofs Great quiet location in high demand area, close to everything OWNER FINANCING preferred terms: $350K min downpayment 6.75% interest rate 5 years or less balloon payment 30 years amortization, interest only payments option is possible Annual expenses include: ?Taxes -- $7, 307 ?Insurance -- $3, 891 ?Lawn Care -- $1, 500 ?Lighting -- $ 177 Total $12, 875
Courtesy of: Olga Leggett, K2 Real Estate Group, olga.leggett@gmail.com
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