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Description

4426 OSAGE AVENUE IS A LARGE SUNNY MODERN Free-Standing SIX (6) FAMILY APARTMENT HOUSE also housing A 7-th unit SELLERS PRIVATE OFFICE SUITE . Each apartment is separately metered for Cooking Gas and Electric. Rents include heat, hot-water, common area electric and public Water/Sewer service. Tenants also have access to the private coin-op laundry room. Each Apartment features, hard wood floors throughout, a full modern kitchen, private spacious ceramic tiled bathroom with full size tub/shower, toilet, sink, and vanity mirror cabinets. Apartments #2nd Front and #2nd Rear each open onto separate private terraces. The #1st Front apartment is a bi level unit currently occupied as 1 Bedroom plus Den Suite. The 1st Rear apartment , currently occupied as a two (+) bedroom suite, is a bi level apartment with a direct entry to the spacious private side/rear concrete patio. The 1st Rear apartment was-(is) designed as a 3 bedroom suite with the further opportunity to be incorporated by direct entry with the Owners Office Suite -(door frame is already in place). The location of the Owner's Private office (two room+full bathroom/kitchen) Suite provides the opportunity to be joined with the 1st Rear bi lever apartment to create a possible 5+ bedroom apartment.. Request details. Simply put, there are profitable options to generate substantial additional rents from #4328 Osage Avenue with minimal costs when the current lease expire! Please refer to the enclosed rent roll and fixed expense schedule. Five apartments are occupied under written leases. The 6th Apartment #3Fl Rear will be-rented when a sale is negotiated to enable a Purchaser to move into the building at closing for school and personal uses. 4426 Osage Avenue is within the school catchment area! (Additional Photographs to Follow!)AFTER reviewing the enclosed Photos, Rent Roll and Fixed Financial Cost Schedule a financially qualified Buyer Is Encouraged To Schedule a private tour of the grounds, the public areas of the building including the hallways, entry foyer, the utility areas plus the owner's Two room office suit with private Bathroom and Kitchen. A Buyer who submits an agreement of sale or detailed Letter Of Intent along with P.O.F at a price and under Terms accepted by the Seller will be provided a "7" day period to have all the apartments and all building components toured and inspected by the Purchaser accompanied by contractors and professionals chosen, employed and paid for by the Buyer! This inspection period will further be The Inspection Contingency period in any agreement of sale prior to going to closing. The current residents are cooperative and aware that 4426 Osage (Their Residence) is being sold subject to their current lease!