Local Full-Time Minister looking to sell rental property to downsize large rental business.Building includes 4 Apartments and 1 Garage.LOW TAXES and good, stable tenants - results in excellent PROFIT.820 Springgarden Ave, Pittsburgh, PA 15212 Current Rent:1st Floor Apartment 2 bedroom 1 bath $375/month2nd Floor Apartment 3 bedroom 2 bath $585/month822 Springgarden Ave, Pittsburgh, PA 15212 1st Floor Apartment 2 bedroom 1 bath $395/month2nd Floor Apartment 3 bedroom 2 bath $725/monthSingle Open Garage (4 spaces) $100/month Monthly Revenue $2,180.00Operating Costs: (as of 2013)Yearly Insurance- $458.00Yearly Taxes- $700.00 (Cost of Garbage included in tax)Full Year Utilities- $3,780.00 (includes water, sewage, gas and electrical when not occupied) ~Tenants pay their own gas and electric. Each apartment has its own gas meter and furnace.TOTAL OPERATING COSTS: $4,938.00 NET YEARLY INCOME: $21,222.00 (Does not include cost of repairs) Excellent rental opportunity equates to an abundant value in property!
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