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Home > For Sale > Apartment Buildings(5+ Units)
Listing ID: 3800
5 Unit Investment Property, $205K - Macedon $205000 For Sale We can finance it! Property Description Stable & profitable rental complex composed of 2 free-standing houses & a 3 apartment building on 3/4 acre on route 31 in a fast growing retail area. Net income before debt service including vacancy factor & repairs over $21,000 annually. Bills & receipts available to verify all expenses. Seller will take back a substantial (90%+) mortgage at 7% / 30 years for a credit-worthy buyer. Property owned for over 20 years & has had many improvements. Very modest effort required to keep up with maintenance. Good opportunity for investor or owner/occupant. Since we are planning to hire a property manager this year, we would also consider offering a strongly interested potential buyer the opportunity to learn the details about the property by managing it for 6 months or more for the same compensation. Send an e-mail to request detailed fact sheet. ddnyem@yahoo.com Contact Information Contact person: David or Bonnie Seller type: Private Owner Owner Finance: Yes MLS: Phone: Log in to view Address: Log in to view City: Macedon State/Province: Zip/Postal Code: Country: User Listings: Show All Ads by this member Listing Information Type: Apartment Buildings Listing Status: For Sale Price: 205000 Bedrooms: Bathrooms: Stories: Square Feet: Lot Size: Age of Home: Additional Feature: Appliances: Benefits: Planning to Sell or Buy a Home? Compare REALTORS® First. It's Fast and Free!