Hi Binod,
This 13 year old all electric condo unit has been recently reduced to $100,000. The taxes are $1684 yearly, but may be lowered in the upcoming 2010 assessment period, as prices have declined since the tax amount was last set. The unit last sold for $114,000 in June of 2006. There is no garage for this unit but there is an assigned space in front of the building. A similar unit in this complex that has a covered carport is for sale now at $106,900. Monthly condo fees of $150 include some insurance for the building only, landscaping/lawn care, water, sewer, and snow removal. The tenant would need to purchase renters insurance to cover inside the unit and their personal belongings. The owner is only responsible for repairs needed inside the unit.
It is not currently rented and there have been no rentals recently in this complex. However similar units within a 1 mile radius of this unit average around $775 monthly. There are no fees to you when you use a buyer's Realtor, all fees are paid by the seller. I would be happy to send you the listing detail from the Realtor's MLS web site if you forward me your email address. You can contact me at 636-541-4159 or visit my web site at
http://www.TerryWillis.net and email me through the link there. I would be happy to answer any further questions or provide you with a list of other investment properties in our area. I also can help you with renting out your investments.
Thanks,
Terry Willis, Realtor
Prudential Select Properties
- Tue Nov 24 2009, 07:55