$1,288,000

31 NORTH ST. IS A LARGE 5 UNIT RESIDENTIAL APARTMENT BUILDING LOCATED ONE BLOCK OUTSIDE OF RANDOLPH CENTER. IT CONSISTS OF ONE (1) BEDROOM, THREE (2) BEDROOMS, AND 1 (4) BEDROOM APARTMENTS.ALL UTILITIES ARE SEPARATE EXCEPT FOR THE ELECTRIC FOR APARTMENTS #4 AND #5. WHICH ARE COMBINED AND THE LANDLORD PAYS FOR. THE LANDLORD ALSO PAYS THE GAS FOR APARTMENT # 4 BECAUSE IT IS RENTED BY FOUR SEPATATE TENANTS. THERE ARE FIVE GAS HEATING SYSTEMS AND FIVE GAS WATER HEATERS. THERE IS PAVED PARKING FOR AT LEAST NINE VEHICLES. THERE IS A COIN-OP WASHER AND DRYER IN THE BASEMENT. THE LARGE BASEMENT ALSO HAS SEPARATE STORAGE AREAS FOR EACH TENANT AND THE LANDLORD. FOUR TENANTS ARE “TENANTS AT WILL”, UNIT 2 ON LEASE UNTIL MARCH 2026. ALTHOUGH WE CURRENTLY USE A PRIVATE TRASH COMPANY, THE TOWN HAS SUPPLIED US WITH FIVE BARRELS TO BE PICKED UP FREE BY THE TOWN.ALL RENTS ARE LOW AND THERE IS SUBSTANCIAL ROOM FOR INCREASES.