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Listed by Rod Clermont of RE/MAX Innovative Properties

13 units consisting of three buildings on one lot. One 8 unit, one 4 unit and a single family home. Gross current annual income of $122,684; Total Operating Expenses of $84,958.89 actual for 2019. Net Operating Income (NOI) of $37,725.33 Plenty of parking. Professional managed and in good condition. Buildings are 100% occupied with written leases in place. The heat is included in rents. The heating expense should drop as this fall and winter all the units were converted from tenant controlled thermostat to landlord controlled... Visit this web site to view how they operate. (the attached income and expense sheet are complete and are available upon your request or you can find them in the document "D" icon attached to this posting. They are complete and easy to read. Includes actual expenses for the calendar year 2019. The income calculation are based on current lease income.)

Property Details of 44-50 Central Street

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 22, 2020.

 

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