Income: 
Blimpie: (1st floor) expires in 9 years, pays 50% of tax increases from base year 
of 7/1/00, its own water , electric and heat, current rent is $9,734/month with 4% 
annual increases, has basement space.
Hair and Nail salon: (2nd and 3rd) expires in 5 years, pays 40% of tax increases 
from base year of 7/1/98, its own water , electric and heat, as well as building 
common area electric. current rent is $3,705/month.
4th floor duplex: Vacant, valued at market rent of $3,000/mo
Rental Income:         $197,272
Contributions:           $7,000
Total:                       $204,272

Expenses: 
Taxes (2003-04)        $32,672
Insurance:                $4750
Fuel (top floor only)   $1,800 (Gas boiler)
Repairs:                   $2000
Total:                       $41,222

Estimated Net Profit: $163,050

Downtown retail / commercial building for sale
Four and half story walk-up retail/commercial building.
Price: $2,400,000
Size: Building: 19x54 Lot: 19x54
Zoning: C5-5