1281 N Pepper Street

Description

7,200 square foot 6-plex built in 2005. Excellent condition w/ upgraded units, large decks and natural gas. All rooms are very spacious and have individual entrances. Lots of parking! 5 - 2 bed units, 1 - 1 bed unit. Very private, quiet location.These are all annual 2019 numbers provided by the Seller. 1. Property Insurance $1731.00 2. Septic Pumping - $500 (pumps every three years) 3. Cost of advertising for rent - He doesn't spend money for advertising for rent 4. Breakdown of each unit and how much each unit rents for: UNIT A ($1150) UNIT B ($895) UNIT C ($895) UNIT D ($850) UNIT E ($875) UNIT F ($800) $5465 TOTAL 5. Snow removal costs - $500 Currently I do it with my plow truck or my workers do it and I pay them by the hour. This is a guess. 6. Trash costs - $1614 7. Utilities Natural Gas: Owner pays gas heat on all units using a central heating system. Electric: UNIT A (owner pays), UNIT B (tenant pays), UNIT C (tenant pays), UNIT D (tenant pays), UNIT E (owner pays), UNIT F (tenant pays) Utilities (for each unit that owner pays utilities, how much annual utility costs) Natural Gas for all units (Enstar) - $3376. ELECTRIC (MEA) Utility Costs: UNIT A ($2334), UNIT E ($1200) 9. Vacancies - based on last 12 months, any units that have been vacant and how many months they have been vacant  One vacancy due to renovations for almost 3 months. Very low vacancy rate. 10. Washer and Dryer: Each unit has hookups available. Tenant provides the laundry appliances.