VILLA/HOUSE in Upper Manhattan (ZPOC-T2512370)

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Investment opportunity, a 4-unit townhouse 16.6 feet wide. The building has (4) four apartments, which consist of 2 Bedrooms and 1 Bath units that are approx. 800 sf (74.32m2) each. Rents average $1900 per month and all the leases expire in the summer months of 2013. Units are individually metered for gas and electricity which keep your expenses low (as and investor), WHY because tenant have to pay their own heat and electricity. You will not have to worry about a heating cost and responsibility of scheduling for a deliver of oil. The building was gutted and renovated in 2003. Construction includes all new steel internal framework. Finished backyard with a finish basement, currently used as storage and laundry room for tenants.. Near the East River Plaza Mall with Costco, Target, Best Buy and more such as transportation, and 3 community gardens across the street from the building. (Please ask how this property can be easily converted into a condo we just finished working on a building that was converted from a (3) three unit rental building, into a (3) unit condo. Its a easy and timely process, but can be done to bring huge profits. Building Expenses $27,900 (-) minus Income $86,400 = $58,500.00 income per year. Ask how you can lower your taxes

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