27 Pilgrim Avenue

Description

INVESTORS TAKE NOTICE, 6 units, All rents are low, The 2 bedroom house in rear is rented for $300 per week and that tenant pays heat and electric, owner pays water bill. Two, 1 bed units pay $230 per week to include heat and hot water, tenant pays electric; the other two 1 bed units pay $1,000 per month to include heat and hot water, tenant pays electric. the larger 2 bedroom apartment in the multi building is rented for $1800 per month to include heat and hot water, tenant pays electric. The 2 bedroom house in rare is rented for $300 per week and tenant pays for heat, electric and hot water. Rare opportunity to own a 5 unit multi-family building with a detached single family home on one large lot in Coventry. The 5 unit consists of 4 one bedroom units with a 2 bedroom unit. Detached is the 2 bedroom home with a single garage. Updates to the property include a 1 yr. old roof on the 5 unit and updated windows. All units have been updated inside and are in very nice condition. There is a central fire alarm system in place and inspected annually. The 5 unit has gas heat which is paid for by the owner, tenants pay electricity. The detached single family heat and electric is paid for by the tenants. Landlord pays water and septic Most tenants pay weekly. Plenty of off street parking for all tenants and visitors. Land area is close to half acre. All units fully rented, YEARLY INCOME IS $84,520, Expenses paid by owner at $25,000