Per seller - If you annualize the current rent roll even with the three vacant the gross income is 154,428 less expenses of $52,600 NOI equals 101,828 /  price that is a 7 cap rate.

W/ fees will change 

Asking price: 1.465m

Plumbing stacks have been updated, electric as well and there’s a TPO roof on the building as well. The units could use some attention.

Don't have many pictures but for serious buyers we can access the building anytime

Here is a link to the financial information available: https://www.dropbox.com/scl/fo/e70j26pghquzg7xufmck8/h?rlkey=1w8h5hmnphwo5hw9qoae9rgtq&dl=0 (https://www.dropbox.com/scl/fo/e70j26pghquzg7xufmck8/h?rlkey=1w8h5hmnphwo5hw9qoae9rgtq&dl=0)

🔥Contact me today at 586-556-1365 to set up a walk through and to submit your highest and best offer🔥

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

● Buyer pays all closing costs

● Get in touch with us now!

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.

Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".

Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to our third party Title Company we use who will help facilitate the closing process.

Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.

Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal. 

💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND 🔐 LOCK IT DOWN RIGHT NOW 💥

DISCLAIMER: This is an Assignment of Contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT Brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.