Neighborhood: 106 - Newport News South, All Others Area 106
Thank you for showing 553 42nd St. Each unit in this quadplex has 1 bedroom and 1 bathroom. Units 1, 2 & 3 are vacant and can be viewed. Unit 4 is occupied and will be made available for showing once property is under contract. Water is billed to the Sellers and is added to the monthly rent of the tenant. In addition to water, tenants pay HRSD and Dom Power. Sellers pay Dom Power for the building (hallway) and exterior lights - averages $25 per month. Unit 4 tenant pays $500 per month and lease expires 1/31/22. Tenant would like to remain at property. Sellers can rent the other three units if buyer requests. If preferred, future tenants will pay $575 upstairs and $525 downstairs. Potential rent of $2200/mo.New roof in 2021. New carpet and vinyl flooring in select units. Close to public transportation.