Lots of potential with this 5 unit income property consisting of 3 two bedroom units and 2 one bedroom units. Well set up with each unit having separate meters, separate laundry hookups and electric baseboard heat with tenants paying their own electric. Tenants are month to month and paying $650, $750 and $550. 2 units currently vacant and were previously rented for $750 and $650 respectively. Approximate gross annual income with all units rented is $40,200. Last years approximate expenses: electric-$5820, insurance - $2101, property management - $2400, taxes - $1224.10, maintence/supplies - $1982, office expenses - $128.00. Approximate net annual income with all units full - $26545. Can be sold with 43 Moores Mills, MLS# NB094557. (id:27476)
