Fully rented 4 unit bringing in $2,800/month and $33,600/year.
Property Taxes: $4,072/year, Sewer Rent: $230, User Fee:
$445.00/year, Water Utility: $700.00/year, Gas Utility:
$3,200.00/year Electric Utility: $1,500.00/year. 3 apartments have
2 bedrooms and 1 bath in each unit and the 4th apartment is a 1
bedroom 1 bath. Rents include gas, electric, water, sewer
utilities. Continue operating as is, or add value by renovating
apartments and increasing cash flow one unit at a time. After
renovation potential gross income approximately $45,000/year.
The manager has listed the unit size as 3566 square feet.
Recent Transactions at 117 Massachusetts Avenue
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