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2 SIX FAMILY HOMES WITH 2 BEDROOMS EACH. MANY UPDATES TO INCLUDE SOME WINDOWS AND FULLY DELEADED UNITS. MANY UPDATES TO INCLUDE SOME KITCHENS, BATHS HEATING UNITS ELECTRIC PANELS AND GAS LINES. FULLY RENTED TOTAL RENT $8655
Investment Opportunity!! Two resdiential properties - 3 units, fully rented. 76 Orange Street: 2 - 7 room 4 bedroom apartments, new furnances in 2009, replacement windows in 2007, total insulation in 2008. 223 Pine Street: 7 room 4 bedroom single family with new roof in 2010. All tenants at will, tenants pay metered utilities and landlord pays water & sewer charges.
The brick 24 unit apartment building is currently 100% rented with tenants paying electric heat, lights & cooking; owner provides gars hot water. There are 16 one-bedroom units and 8 two-bedroom units. There are stoves, refrigerators, and one sleeve air conditioners in each unit. Owner has lead certificates on nine (9) units; there are six (6) subsidized tenants. There is on-site parking for about 24 cars and public transportation is available on St James Avenue in front of the building. The rents are current as of July 1, 2012.
The Ambassador Apartments located at 88-96 Maple Street, 96-1/2 Maple Street and 211 Union Street in Springfield, MA is comprised of 34 units (25-two bedroom, 9-one bedrooms)in a three story brick building built in 1930 according to pubic record. Recent updates include the furnace (10 years ago), roof (6 years) and hot water system (4 months) according to the owner. There is on-site coin op laundry which the Seller owns.