Large 4 unit features 1-One bedroom apartments, 3-Two bedroom apartments, and off-street parking. Tenants pay electric, owner pays water/sewer/garbage and heat (for 1539 only). 1539 Butler has a newer gas furnace and both units are occupied. Both units in 1537 Butler are vacant & have been completed renovated.
Trash/Sewer: $1680 [Owner pays] Electric: $600 [Owner pays for electric on furnaces] Heat: $1,800 – [Owner pays - 1539 Only] Water: $1,800 Water Only - [Owner pays] Insurance: $1,500 Gross Inc: $46,236 Net Inc: $33,463 Operate Exp: $12,773
STEEL ABSTRACT (www.SteelAbstract.com) has all title information prepared and can close on this deal in 24 hours.
*Proforma numbers on Vacant renovated units
Great corner lot ready to make you an 12% cap!
- Emanuel de Jesus
The neighborhood: Easton
Quaint city known for its colonial buildings, canal boats, and arts scene.