100 Jericho Quad, Suite 235 Jericho, NY 11753 (C) 516.238.4704
Legal 3 Family Property. 1st unit: 2 Bed 1 Bath (Current Rent: $1, 400 a month, Lease ends in May). 2nd unit: 3 bedroom 1 bath (Owner Occupied will be delivered Vacant). 3rd unit: 3 Bed 1 Bath (Current Rent: $1, 700 a month Month to Month, Under Market Rents). Lot Size: 2, 178, Building Size: 2, 526. Basement with a separate entrance, Partially finished. Separate utilities. All 3 units are 842 Sqft, Renovated 3 bedrooms that are 810 sqft have rented for $2, 500 a month = $7, 500 of total unrealized income (3 units), Annual Taxes: $8, 747, Insurance: $2, 200 a year, Utilities common cost: $2, 700, Income: $7, 500 mo/ $90, 000 a yr, Total Expenses: $1, 137.25 mo/ $13, 647 yr, NET Operating Income: $6, 326.75 / $76, 353 (Not Including Debt Service = Principal and interest). SOLD AS-IS.