Description
This 7 unit income property will surprise you with the excellent condition and nice finishes, which set it apart for tenants and owner. Most components of this property have been upgraded in the last 10 years, included roofs, water heater and Boiler, new concrete and walkways. Residents appreciate the nice finishes in kitchens and bathrooms, and original restored wood floors provide character. There is one commercial tenant, a salon that has been a long standing tenant, and six apartments. Space to add Laundry room for additional income. Landlord pays Sewer, Water, Trash and Heat (Gas Hot Water Heat) Tenant pay electric, each apartment is separately metered. The property is located on a well parked street, and has 4 on site parking spaces in rear garage. Located in rapidly growing Hamburg, residents can appreciate the solid job growth and new retail offerings. In place CAP of 7.5% and proforma 11%+. Required 48 hr notice to show and buyers must be pre-qualified.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
Description
This 7 unit income property will surprise you with the excellent condition and nice finishes, which set it apart for tenants and owner. Most components of this property have been upgraded in the last 10 years, included roofs, water heater and Boiler, new concrete and walkways. Residents appreciate the nice finishes in kitchens and bathrooms, and original restored wood floors provide character. There is one commercial tenant, a salon that has been a long standing tenant, and six apartments. Space to add Laundry room for additional income. Landlord pays Sewer, Water, Trash and Heat (Gas Hot Water Heat) Tenant pay electric, each apartment is separately metered. The property is located on a well parked street, and has 4 on site parking spaces in rear garage. Located in rapidly growing Hamburg, residents can appreciate the solid job growth and new retail offerings. In place CAP of 7.5% and proforma 11%+. Required 48 hr notice to show and buyers must be pre-qualified.
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