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1162 ROCKINGHAM AVENUE

Billings Bridge

NEWLY BUILT (2015) 12 UNIT RESIDENTIAL INVESTMENT. Here is your pension plan. Built new 2015/2016 this gorgeous 12 unit apartment building is a seldom found solid investment. Pride of ownership by builder featuring beautiful finishes throughout both inside and outside. Great curb appeal and an impressive high ceiling entry foyer. Fully maintenance free exterior with unit balconies. The 12 units consist of 3 – 3 bedroom units and 9 – 2 bedroom units. All units feature hardwood and tiled floors, granite counters, stainless steel fridge, stove, dishwasher, vented microwave/hood fans, video intercoms, and air conditioning. 4 coin laundry sets, one set per floor. 2 gas boilers with air handlers make heating very inexpensive and is included in tenants rents. 12 central air units. Different sized units range from 600 to 900 plus sq. ft. each. Parking at rear of property for 6. Extra parking is available next door at $50 p/m. Nothing to do here but sit back and collect rents. Gross Income $256332. Expenses $54,405. Net Income $201,927. View Realtors(R) website for further information about this listing.

Bedrooms: 27

Bathrooms: 12

Property Type: 12 UNIT MULTI APT BUILDING

 

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