7 Unit Apartment Complex For Sale

Asking Price$1,400,000

Gross Revenue
$174,600

Net Operating Income$147,859

FF&ENot Disclosed

Building Sq. Ft.6490

Price per Sq. Ft.Not Disclosed

Property OverviewSave

7 Unit Apartment Complex For Sale


Asking Price$1,400,000

Gross Revenue
$174,600

Net Operating Income$147,859

FF&ENot Disclosed

Building Sq. Ft.6490

Price per Sq. Ft.Not Disclosed

Property Description
Incredible opportunity for serious investors! 7 residential units- all NEWLY RENOVATED! Totally vacant for the new buyer to bring on his or her own tenants. 3 bay detached garage, 4 storage units on site, plus a workshop that is rented by a local contractor. All units except for 1 building have in-house washer/dryer. Pro-forma gross rents are 174,600 with annual expenses of 26,741 leaves a whopping NOI of 147,859!! All tenants have their own electric meters, electric heat/hot water. All new electric services. Low taxes. Minutes to downtown Hudson! Call today for a private tour!
About the Property
Type
Multi-Family
Building Status
Established
Facilities & Assets
Incredible opportunity for serious investors! 7 residential units- all NEWLY RENOVATED! Totally vacant for the new buyer to bring on his or her own tenants. 3 bay detached garage, 4 storage units on site, plus a workshop that is rented by a local contractor. All units except for 1 building have in-house washer/dryer. Pro-forma gross rents are 174,600 with annual expenses of 26,741 leaves a whopping NOI of 147,859!! All tenants have their own electric meters, electric heat/hot water. All new electric services. Low taxes. Minutes to downtown Hudson
Location Description
Located minutes from Warren St in Hudson.
Current and Prior Use
multi-family with storage units and garages
Year Built
1954
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
With the right deal, maybe.
Current Property Expenses
26741
Listing Info
ID:
2395119
Listing Views:
189

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Property Listed by: Michael Castellano Gilcrest Properties

Listing ID: 2395119 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.