Multi-Family Properties, South Berwick, ME

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Units

Unit A, 1st Floor Left-Two BR ----$750.00 + Heat, HW & Elec., Lease term.-6/30/07
Unit B, 1st Floor Right-Two BR----$800.00 + Tenant at Will
Unit #2, 2nd Floor Right-One BR---$675.00 + Heat, HW & Elec. Tenant at Will
Unit #3, 2nd Floor Left-One BR---
Vacant (Needs Work)
Unit #1, 3rd Floor Left-Two BR----$670.00 + Heat, HW & Elec. Tenant at Will
Unit #4, 3rd Floor Left-One BR--$600.00 + Heat, HW & Elec. Tenant at Will

Building / Property Data

Color : Green
Exterior : Clapboard
Roof Type : Asphalt Shingle, 75% New
Construction : Wood Frame
Basement : Partial
Parking : On-Site
Hot Water : Separate, 6 Propane units
Heat : 4 Units have propane monitor units, 2 Units have FHW, oil Fired units
Sewer : Municipal
Water : Municipal
Electric : Updated, 400 Amp main, 100 AMP sub-panels
Lot Size : 4,356 sq. ft. per tax card
Approx. Sq. Ft. : 4,827

Tax Data

Map / Lot : Map-6, Lot-31
Land : 82,800
Building : 221,000
Total Tax : $3,420
Tax Rate : $12.10

Annual Operating Data

Gross Income :
- Total Annual Expenses:
*

Net Operating Income:
$41,940
$15,275
*


$26,665

* Taxes- $3,676, Insurance-$3836, Repairs and Maintenance-$1,000, Heat & Electricity-$3,996, Water & Sewer-$2,617, Snow Removal-$150

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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