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DESCRIPTION: 9,000 Sq Ft. Site, 2,000 Sq Ft. Laundromat Plus 5 Rental Units, Building Appraises $700,000 Rental Income $67,8000 ($46,000 Cash Flow) After Expenses & Taxes. Equipment 2 Yrs Old, Maytag 3yr Warranty Left 9 Dbl Stacked Dryers (18) Washers 10(18lbs) 7(30lbs) 4(50lbs) Complete Monitoring System 8 Cameras In Building. Bill To Bill Card System, 2 Tv’s, 5 Scales Plus All Equipment. Building Is 3 Floors, Completely Rebuild 4yrs Ago Has 1 Apt 1st Floor 900 Rent 2nd Floor (2)1,000 +1,250, 3rd Floor 1,000 + 1,500 Rent All Tenants Responsible For Heat, Hot Water, Electricity, And Gas. Last Rental Increase 2 Yrs Ago Approved For State Section 8 All Expenses All Apartments Contain Own Heat Box , Boilers Wall Hung 12,000 Taxes. Building In Excellent Shape Has Wide Alley In Back Dvr Security System Around Perimeters Of Building And Thru Hallways. Wash +Fold Only 5% Of Business. |
