5445 N MAGNET Avenue
Updated 2 flat with extra basement non-conforming apartment. All electric, plumbing and HVAC were updated approximately 8 years ago along with some kitchens and bathrooms. Nice size apartments first and second floors have 2 bedrooms. Extra tandem bedroom on 1st floor. Basement is 4 room 2 bedrooms. Nice yard and a 2 car garage. Rents: Non-conforming garden $1250. Includes all utilities. 1st floor: $1800. 1st floor pays utilities and receives a $100. credit for basement utilities so they pay $1700. net rent. 2nd floor: $1595. They pay their own utilities. Garage $300. Rented to someone not living in property Mo. to Mo. Total income $4845. a month $58140 gross yearly less $12444. expenses or $45696. Net income or 7.74% return!! Great investment.
- Zachary's 600 ft
- Moy Lee Chinese Restaurant 800 ft
- Chinese Kitchen 0.2 mi
- Ham Tree Inn 0.2 mi
- Paterno's Pizza 0.2 mi
- Subway 0.2 mi
- 7-Eleven 1000 ft
- BP Shop 0.3 mi
- 7-Eleven 0.5 mi
- Mobil Mart 0.5 mi
- ANG Convenience Store 0.8 mi
- Mariano's Fresh Market 0.8 mi
- Gladstone Park 100 ft
- Austin-Foster Park 0.4 mi
- Roberts Square Park 0.8 mi
- Jefferson Memorial Park 0.9 mi
- Forest Glen Park 0.9 mi
- Rosedale Park 1.0 mi
- Yellow Rose Cafe 0.4 mi
- Dunkin' 0.8 mi
- Weston's Coffee & Tap Co. 0.8 mi
- Starbucks 0.8 mi
- Dunkin' 0.9 mi
- Mr. B's Caribbean Grill 1.0 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12677202