Description
Zoned 3 unit building is currently rented in a 9 room arrangement with 3 rooms @$700, 3 rooms @$750 and 3 rooms @$850 per month with 3 rooms paying $125 for an additional occupant. No more than 3 unrelated occupants per floor. Gross monthly income is $7,275. Owner pays BG&E approximately $500 per month. All units come completely furnished including refrigerator and microwave in each rented room and share a bath, kitchen and living area on each floor with sofas and televisions. Building also has its own sprinkler system. This is a completely turn key operation with all necessary licenses. It is designed to generate exceptional monthly income with minimal hassle. Owner will consider holding paper and would not be selling except for plans to move out of state.
Description
Zoned 3 unit building is currently rented in a 9 room arrangement with 3 rooms @$700, 3 rooms @$750 and 3 rooms @$850 per month with 3 rooms paying $125 for an additional occupant. No more than 3 unrelated occupants per floor. Gross monthly income is $7,275. Owner pays BG&E approximately $500 per month. All units come completely furnished including refrigerator and microwave in each rented room and share a bath, kitchen and living area on each floor with sofas and televisions. Building also has its own sprinkler system. This is a completely turn key operation with all necessary licenses. It is designed to generate exceptional monthly income with minimal hassle. Owner will consider holding paper and would not be selling except for plans to move out of state.
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