3-Unit Apartment Building With 2-car Garage - All Units Fully Rented

3 apartments and a garage for two cars - All units fully rented one beds apartment 875.00 two beds apartment 895.00 two beds apartment 900.00 garage for two cars 125.00 Total annual income: 33,540.00 Total annual expenses: 11,234.00 Annual profit: 22,306.00 Cap rate: 11.2% Current rents are way under the market Natural gas heat, city sewer and city water Private entry for each apartment A turn-key operation – no repairs are needed 5-year State certificate issued 2/20/19 City of Beverly inspections passed: July, 2019 Annual expenses: Taxes: 7056.37 Insurance: 1156.75 Electricity: 57.00 Water: 1560.00 Sewer: 1404.00