Description
Calling All Investors & Developers!!! Prime 6 Unit Free Market Corner Building For Sale Offered @ A 5.8 Cap!!! Located Just East Of Prospect Park This 5,100 Sqft. Building Features 4 FREE MARKET Apartments, Brand New Sprinklered Laundromat + Brand New Convenience Store With Long Leases, Excellent Signage, Great Exposure, Separate Meter, Long Leases, New LED Lighting,+++!!! All Tenants Pay For Their Own Utilities. Income: 2Br Apartment: $21600/yr M-M 2Br Apartment: $21,600/yr M-M 3Br Apartment:$27600/yr M-M 4Br Apartment $33,600/yr M-M Laundromat income $330.000/yr deli Income $240.000/yr Total Gross Income: $673.200 Total Expenses:$91,650 LAUNDROMAT EXPENSES electric $15,600/yr Gas/$16,800/yr Water $30,000/yr DELI EXPENSES Electric$9,600/yr Insurance$3,400/yr tAXES $16,000 MAIN $250 NOI=$582,750 CAP!!! 5.8 % PRICE INCLUDES BUSINESS -LAUNDROMAT AND DELI/GROCERY
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School Ratings & Info
Description
Calling All Investors & Developers!!! Prime 6 Unit Free Market Corner Building For Sale Offered @ A 5.8 Cap!!! Located Just East Of Prospect Park This 5,100 Sqft. Building Features 4 FREE MARKET Apartments, Brand New Sprinklered Laundromat + Brand New Convenience Store With Long Leases, Excellent Signage, Great Exposure, Separate Meter, Long Leases, New LED Lighting,+++!!! All Tenants Pay For Their Own Utilities. Income: 2Br Apartment: $21600/yr M-M 2Br Apartment: $21,600/yr M-M 3Br Apartment:$27600/yr M-M 4Br Apartment $33,600/yr M-M Laundromat income $330.000/yr deli Income $240.000/yr Total Gross Income: $673.200 Total Expenses:$91,650 LAUNDROMAT EXPENSES electric $15,600/yr Gas/$16,800/yr Water $30,000/yr DELI EXPENSES Electric$9,600/yr Insurance$3,400/yr tAXES $16,000 MAIN $250 NOI=$582,750 CAP!!! 5.8 % PRICE INCLUDES BUSINESS -LAUNDROMAT AND DELI/GROCERY
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2023-02-01T21:17:02.963.