Wednesday, October 15, 2008

Claremont 3 Units Residential Income $1,495,000

Units: 3
Bldngs: 3
SqFt: 3,494
Lot SqFt: 13,599
Yr Built: 1905

Description: 3 SEPERATE HOMES WITH PRIVATE YARDS IN THE HEART OF THE HISTORIC CLAREMONT VILLAGE. FRONT HOME FACES YALE AND WOULD SERVE AS A WONDERFUL PRIVATE RESEDENCE-THREE BEDROOMS, TWO BATHS, REMODELED KITCHEN AND NEW LANDSCAPING. LARGE REAR HOUSE WITH ALLEY ACESS IS 1800 SQ FT AND FEATURES REMODELED KITCHEN WITH GRANITE COUNTERS. UPSTAIRS MASTER FEATURES LAARGE BALCONY WITH GREAT VIEW. THIRD HOUSE IS A TWO BEDROOM 1905 CRAFTSMAN WITH A LARGE PRIVATE YARD. ALL ARE SLAM DUNK RENTALS OR LIVE IN THE PRIVATE FRONT SPANISH HOME AND COLLECT RENT ON THE OTHER TWO. 2 UNITS HAVE 3 BEDROOM / 2 BATHROOM, RENT $2,200 / $2,100
1 UNIT HAVE 2 BEDROOM / 1 BATHROOM, RENT $1,300

Gross Sched Income: $67,200

Monthly GSI:
$4,933
Net Oper Income: $59,200
Operating Expense$/%: $8,800

Sprte Elctrc Mtrs: 3
Gas Meters: 3
Water Meters: 1




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