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.
