Great investment property with good income and consistently occupied. Lead abated by city several years ago. Four units occupied with three under leases at present time. 4 separate electric meters. 2 units are heated by oil with separate systems. 2 heated by electricity. The only utilities paid by owner is one gas meter (shared by two units) for gas range only - about $20. 00 per month. Other expenses include insurance (a bit under $2,000) taxes as listed, mowing in the warm months ($25. 00 every two weeks) and snow removal as needed. The monthly incomes are $950, $750, $750 and $650.
The vacancy rate of homes in 06320 is
11.56% with 34.71% of homes being owner-occupied. The median household income in 06320 is $43203 per year with those between 45 and 64 having the highest median income at $48040.