7739-7749 Kingsbury Boulevard

Property Description

Total of 7 condos, all in the Fountain View building at 7739-49 Kingsbury in Clayton. All units have in-unit washer/dryer, dishwasher, disposal, central HVAC, hardwood floors Five one-bedroom condo units, +/- 800 SF, with original to the 1998/99 rehab effort, with all white kitchens with laminate counters, cabinets, appliances, etc. 4 of 5 have newer ACs. Condo fee average $930/quarter. Two units are 2 bed, 2.5 bath w/ study +/-1,567 SF, Recently updated in ~2014 with wood cabinets and stainless appliances. One has a newer ACs while the other has an original. Condo fee average $1750/quarter. Condo fees cover water, sewer, trash, snow, landscape, management, insurance, ext. maintenance, and common area maintenance. Units pay for electricity (all electric heat and water heaters), gas for stove, and internet/cable. The building is insured with a master policy but owners carry individual policies for contents and liability. With this portfolio are 3 interior spaces (plus a 4th for compact car only) and 2 on the rear driveway exterior. Several tenants park on the street. Each unit has a lower-level storage locker. The lower level has a full gym w/ sauna and a club room w/ pool table, lounge w/ card table/cable TV, small kitchen. The building has a new TPO flat roof installed in the fall of 2020.