Thursday, December 27, 2007

Ontario Residential Income $699,900


Units: 4

GSI: $52,800


Total Bldg SQFT: 3,840

Year Built: 1963

Financial Analysis
Gross Sched Income: $52,800 Operating Exp: $2,700 Net Operating Income: $50,100
Total Annual Op Exp: $2,800

Monthly GSI: $4,325
Sep Water Mtrs: 1 Sep Gas Meter: 0 Sep Electric Mtrs: 4
Total Pkng: 6 # of Garages: 0


Property Description: Very well maintained two story property. Excellent location,easy access to bus stop,markets, and freeways. Each unit has 2 bedrooms and 1 bath upstairs, half bath downstairs. Some units remodeled with new water heater, new capet and new paint. All four units have good tenants and kept clean and neat. Drive by only, please don't disturb tenant. Seller motivated.

No comments: