Spacious 2-bedroom, 2-bathroom apartment featuring a beautiful view and currently rented at $2,225/month to a long-term tenant on a month-to-month basis. The unit offers a newer A/C system (approximately 1 year old). Please note there is no washer and dryer inside the unit.
HOA IS $1283.82 plus monthly assessment $338.11= $1621.93.
it can be rented twice a year after living in property for 12 months.Current By-laws limit leasing to 30%. When the limit is reached, a waiting list is maintained.
The building has Structural reserves and capital reserves.
This is a FIRPTA transaction, as the owner is an international investor. There is an existing assessment, which will be paid by the buyer—option to pay immediately or defer until 2040.
Courtesy of Nova Realty Group, Inc.