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AUCTION OF INVESTMENT PROPERTY & GARAGES

If you have been looking to get into the world of investment properties - NOW is your chance! 5 apts & 8 garages
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2 1/2 story brick 5 unit apartment (all currently rented)and 8 garages.

COSTS (yr):

water/sewer: 1,500.00

gas: 2,800.00

trash: 800.00

taxes: 1,875.50

INCOME POTENTIAL:

5 APTS X $400 MTHLY = 2,000 MTH

2,000 X 12= 24,000 YRLY

8 GARAGES X $50.00MTH = 400MTH

400 X 12= 4,800 YRLY

TOTAL INCOME AT THESE PRICES: 28,800 YR.

10% down balance in 45 days at settlement. property will be sold on location.