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FULLY LEASED PROFESSIONAL BUILDING IN CHATHAM, NEW YORK USA
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| Property Group | Commercial | | Property Type | Other | | Built | 1974 | | Lotsize | 3.80 acres | | Restricted Subdivision | NO | | Waste System | Septic | | Parking for | 30 Cars | | Price | US$ 410,000
For Sale |
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| Location | Chatham | | Nearest City | Hudson |
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| | For further details contact
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
Listing has been viewed 670 times |
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Professional Office building fully leased. Excellent tenants with current leases. New rubber roof in 2010, new furnaces and hot water heaters. This 5,000 square foot professional office building was built in 1962. It sits on 3.8 acres of land on a side street in the Village of Chatham. It has waiting rooms, reception/office areas, 5 baths, and ample parking in both the front and the rear of the building. Tennants pay for heat and electric. There is a total of 4 furnaces (including backups) and the building is air conditioned. Total Annual Real Estate taxes are approximately $11,732. per year. Gross income is approximately $81,000+ per year. Owners pay the real estate taxes and tenants pay approximately 91% of the common charges.
INCOME AND EXPENSES - SUMMARIZED
TOTAL ANNUAL INCOME: $81,116.
TOTAL ANNUAL EXPENSES: $48,200.
ANNUAL NET INCOME: $32,916. |
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