Multi-Family Properties, Dover

Status = Sold

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Multi Family Property in Dover

Basic Information

Address: 555 Central Avenue
Sale Price
and Date :
$550,000 on 2/1/2010
No. of Units: 6
Approx Sq. Ft.: 3.700 Sq. Ft.
Net Operating Inc: $48,386
No. of 1 Bedrooms: 4 No. of 2 Bedrooms: 1 No. of 3 Bedrooms: 0 No. of 4+ Bedrooms: 0 No. of Commercial Units: 1, 1sr Floor Festaurant

Comments

This six unit is as turn key as it gets. The owner, a lifelong contractor, gut rehabbed the five apartments to the studs nine years ago. 40 Seat restaurant (the ritz Cafe) was just renovated in November 2009. Units feature hardwood and tile floors, renovated kitchens w/ dishwashers, soundproofed floors & ceilings, newer vinyl siding and rubber/asphalt shingle roofing. Most of the restaurant equipment goes w/ the property. Eight parking spaces on site. 1st mort. available. Terms-6.5%, 20 yr. amortization, 20% down.

Detailed info on this property.

More Images

Rear View
Restaurant Interior-Recently Renovated

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