1447-449 Henley Rd

This attractive 30-unit multi-family opportunity is ideally located in Troy near Main Street and South Dorset - surrounded by other well maintained residential and multi-family properties. All units are in one building consisting of 18 one-bedroom units and 12 two-bedroom units. The building is usually 100% occupied. Each unit rents with a stove and refrigerator. The one-bedroom units rent for $650 per month and the two-bedroom units rent for $750. Wall unit air conditioning is provided by the Owner. An outside contractor provides the second & third floor laundry with coin-operated machines. The boiler system is approximately 2-3 years old. Rents include gas, electric, trash, water & sewer. Net income for 2023 was $175,000. The properties 2023 Income statement is included under the DABR attachments. Please provide a 48hour notice for the showing of 1 unit - the remaining units can be seen upon an accepted contract. Please, a bank approval letter or proof of cash funds with all offers.