207 1/2 Sargeant St Holyoke, MA 01040

This property on 207 1/2 Sargeant Street features one retail store ( R and R Variety) and a 2 family home, 209 - 211 Sargeant Street. The store is open for limited hours and has a gross income of $150,000 and an average net income of $50,000/yr. It has its own utilities and parking and is fenced. It shares the water/sewer line with the 2 family which is right next door. Both units( one up and one down) are occupied and pay $800 per month each. The gas boiler and electricity are separate and paid by the tenants who are at will. There is a full attic and full basement and a 2 car garage. Rental income : $19200. Water/sewer $2300 Insurance $3000 RETax $4600 HGE $6000 Phone/internet $1000 Much updating has been done to the 2 family: fence, asbestos removal, gutters, windows, new alarm, porches, roof maintenance. Licenses required: lottery, cigarette and retail food, business certificate, State cigarette, Certificate of Occupancy. Vendors are in place.