The subject property has a great unit mix of (2) 3 bed 2 bath and (2) 2 bed 1 bath units which are all occpuied. The current income exceeds $90,000 annually assuring a positive cash flow for a new owner. All apartments have updated kitchens featuring new cabinets,quartz countertops (3 units), and granite countertops (1 unit) and all have tile flooring. Unit A is a large 3 bedroom with fireplace and extra storage room. Units B, C and D have an additional room as well and unti D las a large balcony. The building is well parked as there are 4 single car garages and 7 open spaces; almost a 3:1 parking ratio. The property also has a low monthly operating expense as tenants pay their own utilities. There is an onsite laundry room which provides additional monthly income. The Balsam Avenue apartments sit atop a large 9,042 corner lot and have a pitched composition shingle roof.
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