Description

Two, all brick, well located six plex apartment buildings located on one lot. All single bdrm apartments. Gross income for 2012 was $68,000. These two buildings have been a great investment for me. I have owned them for 28 years and overall vacancy is very low, under 1%. Average rent per unit is $480. The buildings are very low maintenance with all the units upgraded with flooring and appliances. The roofs were replaced in 2009. All wall AC units have been replace. There is no deferred maintenance. All units are rented and projected income for 2013 is $72,000.