Rent as of July 1, 2020
5-1/2 $920 4-1/2 $800 2-1/2 $580 2-1/2 $535
5-1/2 $960 4-1/2 $765 2-1/2 $525
5-1/2 $880 4-1/2 $860 2-1/2 $565
total: $88,680
EXPENSES:Municipal taxes $14,194
School taxes $ 2,721
Condo Fees (includes insurance, landscaping, snow removal, pool) $ 7,740
Heating Common Area $ 850
TOTAL EXPENSES: $25,505
Income: $63,175
Note: 10 divided condos sold as 1 building
Others:
-13 exterior parking spots
-common inground pool
-asphalt and gravel roof (2011)
-electric baseboard heating paid by tenants
-6 hot water heaters changed in 2015
-Included: 10 hot water tanks, 4 small stoves and 4 small fridges
-Basement units (2-1/2’s) are rented semi-furnished and share a common laundry facility.
-Opportunity to increase rents.