7 UNIT RENTAL INCOME AND INVESTMENT BUILDING $140K

There is a two story building on the main street of Bahia with four  apartments each about 55m2 and three commercial locations each about 40m2 each. The 3 rented apartments which are small have yearly contracts for 200 per month and the commercial properties are all rented for about $150 per month.  So total income here is about $1320 per month. So you have about an 8% return per year on the rental income.  All units are rented except one of the apt on second floor. Asking $140K. REDUCED TO $135k.  No improvements needed to keep renting as is.  Maintenance per year about $500 to $700 per year.