Description
It is a 21 unit (20 residential, 1 small commercial)66 bedrooms, 66 bathrooms in total, 13 parking spotsFully occupied with group leases until 7/31/22, working on renewals now for 2023.Tenants pay for all utilities except for water. The 4 and 5 bed new leases as of 8/22 will pay water contributions.The owner just redid the entire exterior and there are roof warranties in place as well.Rent Roll is around $516,000/year and will increase when new leases come into play. Can be purchased along with two other duplexes on 18th. Projected rent roll for 8/1/2022-7/31/2023 is $568,260.00
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