Multi-Family Properties, Dover

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Units

First Floor Restaurant-Dew Drop Inn------------ $1,450 Plus Utilities Lease Term 8/30/2010
Unit #1- One Bedroom ------------------------------ $850.00 Plus Utilities Lease Term 5/31/2009
Unit #2-One Bedroom-------------------------------- $800 Plus Utilities Lease term 9/31/2009
Unit #3-One Bedroom-------------------------------- $850.00 Plus Utilities Lease Term 10/30/2009
Unit #4-Efficiency------------------------------------ $700.00 Plus Utilities Lease Term 1/31/2010
Unit #4-Two Bedroom ------------------------------- $900.00 Plus Utilities 1/31/2010

Building / Property Data

Color : Gray
Exterior : Vinyl Siding
Roof Type : Asphalt Shingle in front and Rubber Roofing in Rear. Botrh 9 yrs. old
Construction : Wood Frame
Basement : Partial
Parking : 8 On-site
Hot Water : 6 Electric Units
Heat : 6 Natural Gas Heating Units
Sewer : Municipal
Water : Municipal
Electric : All update to 100 Amp Circuit Breakers for each unit. 400 Amp service into Building
Lot Size : 6,665 Sq. Ft. per tax card
Approx. Sq. Ft. : 3.700 Sq. Ft.

Tax Data

Map / Lot : Map-4, Lot-75
Land : $196,400
Building : $301,600
Total Tax : $11,600
Tax Rate : $23.20

Annual Operating Data

Gross Income :
- Total Annual Expenses:
*

Net Operating Income:
$68,400
$18,958
*


$48,386

* * Taxes-$11,600, Insurance- $3,700, Water & Sewer-$1,977, Plowing-$300, Trash Removal- $1,308,Repairs and Maintenance-$1,000.

All information is derived from sources deemed reliable. No representation is made as to its accuracy, and it is submitted subject to errors and ommissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. The broker is soley the agent of the seller.

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