Standardized Operating Procedure of Purchase

A short walk to Park Ave from this all brick architecturally significant building with a 4 car garage and another parking spot. 7 apartments consisting of one 2 bedroom, four 1 bedrooms and 2 studios. Tenants pay electric – owner pays heat but with replacement windows and a sensor on the thermostat the heat bill is only $4369 per year. Excellent cash flow. The gross annual income is $99300 and expenses are $36802 which is a 10.4% cap rate. The property can only be shown Tuesday and Thursday from 2:30-4 and Saturday ll:30-1. You must make an appointment – you cannot just show up at that time. Showings begin Tuesday January 6th at 2:30. Delayed negotiations until Monday 1/12/26 at 2:30.