4-Family + 2 Family Deal – Bloomfield *

The buyer will pay a 3% commission for this deal.

Property Overview
Total Units: 6
4-Family: Four (1 Bed / 1 Bath) units
2-Family: Two (2 Bed / 1 Bath) units
Parking: 5 parking spaces
Storage: On-site storage available
Lot: 65 × 100

2-Family Breakdown
Unit 1: 2 Bed / 1 Bath — $1,500/month (month-to-month)
Unit 2: 2 Bed / 1 Bath — $1,400/month (month-to-month)
2-Family Monthly Income:

$1,500 + $1,400 = $2,900/month

Square Footage
Above grade: 1,864 SQFT
Basement (per property record card): 796 SQFT

Upside Potential
Second-floor unit includes an unfinished attic that can be converted into a 1-bedroom bonus area, adding future value and rent upside, as well as basement space.

4-Family Breakdown
2nd Floor Right (newest unit): $1,600/month (month-to-month)
2nd Floor Left: $1,300/month (month-to-month)
1st Floor Right (long-term tenant, ~15+ years): $940/month (month-to-month)
1st Floor Left: $1,100/month (month-to-month)
4-Family Monthly Income:

$1,600 + $1,300 + $940 + $1,100 = $4,940/month

4-Family Square Footage
Above grade: 2,860 SQFT
Basement (per property record card): 1,334 SQFT

Total Rental Income
Monthly Gross Rent: $2,900 (2-Fam) + $4,940 (4-Fam) = $7,840/month
Annual Gross Rent: $7,840 × 12 = $94,080/year