Wednesday, August 27, 2008

Upland Ideal 4 Units Residential Income Property $769,900

Yr Built: 1978

SqFt: 3,732

Lot SqFt: 8,820

Tenant Pays: Electricity,Gas

Description: IDEAL 4-UNIT, 2 UNITS COMPLETELY REMODELED, FRONT UNIT HAS FIREPLACE, GOOD UNIT MIX, STABLE TENANTS, INDIVIDUAL ELECTRIC AND GAS METERS, RENT UPSIDE, Unit A, 3 Bedroom 2 Bath, Rent $1,150 Unit B, 1 Bedroom 1 Bath Rent $800, the other 2 units have 2 Bedroom and 1.5 Bath, Rent $900. UNITS HAVE PRIVATE PATIOS.

Gross Sched Income: $45,360
Gross Oper Income: $43,092
Net Oper Income: $26,244
Operating Expense$/%: $16,848/

Annual Operating Expense Total: 16848
New Tax: 10740 Ins: 880

Gas: 1850
Electric: 300
Water/Sw: 1878 Gardener: 1200


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