296 has 8 units. 4- 2 bed, 1 bath @ $400/per mo. 4- 1 bed, 1 bath, 3 @ $375 + 1 @ $350. Possible income is $36,900 annually + laundry income. 318 has 7 units. 2- 1 bed, 1 @ $350 & 1 @ $425(incl electricity), 4- 2 bed @ $400, & 1- 3 bed at $475 for a possible income of $33,600 annually + laundry income. Total potential income is $70,500.00. Buildings are in process of being updated. Electric heat has been replaced with natural gas hot water heat in most units. Many floor coverings have been replaced. Some have new appliances. Most have been painted.
Original Listing