Well built, well maintained 17 unit apartment property. Tenants pay for their own electric. The landlord pays for Taxes ($14,986), Insurance ($7,800), Water & Sewer ($15,600), Common Electric ($3,600), Landscaping and Snow Removal ($600) and Trash ($1,968). The annual repairs and maintenance varies, but averages approximately $5,000 / year. The property management expense will depend on how you choose to manage it. The property is 100% occupied and the annual gross income is $172,260. After allocating 10% annual gross income towards vacancy (5%) and management (5%), the NOI is $105,480, which equates to a 7.03% cap rate. Get it while you can!