Friday, December 14, 2007

Riverside Residential Income $465,000


Units: 3

Price/Unit:
$155,000


GSI: $32,400

Year Built: 1985

5040 BOXWOOD PLACE.


Property Description: PRICE REDUCED FOR A QUICK SALE. WELL MAINTAINED, 3 UNIT IN GREAT INCOME LOCATION, ACROSS FROM RIVERSIDE COMMUNITY COLLEGE. ALL UNITS ARE 2 LEVEL, CONDO STYLE. EACH UNIT 2BR/1.5 BA WITH CENTRAL AIR/HEAT. LAUNDRY RM ON PREMISE FOR EXTRA INCOME. 5010 & 5130 BOXWOOD & 4971 BROOKS ST (ALL CLOSE BY) ARE ALSO FOR SALE AND CAN BE PURCHASED TOGETHER. GREAT BUY. HURRY!

Financial Analysis
Gross Sched Income: $32,400 Operating Exp: $6,804 Net Operating Income: $25,596
Total Annual Op Exp: $6,804

Monthly GSI: $2,700
Sep Water Mtrs: 1 Sep Gas Meter: 4 Sep Electric Mtrs: 4
Total Pkng: 0 # of Garages: 0



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