Property Information:
Welcome to 55-57 Broadway Avenue! Situated east, this 4-family is on the bus route, is close to many amenities and has easy access to the highway. This 4-unit has plenty of off street parking is on a 1/4 acre lot. With good sized units, electric heat and some long-term tenants, this is a solid investment building that is well worth a look. Rents are $907.53, $995, $1025 and $1220. Total rental income: $49,770. Laundry Income: $840. Approx. expenses are: Snow: $840, Electricity: $2908 Water/Sewer: 1404, Insurance: $2233 and Taxes: $5627. Approx. total expenses - $13,012. Approx. Net Income: $37,598
Building Features:
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Total Finished Area:
2500 Square Feet
