Description
9-Unit Cash cow with monthly rents of $9,900 and 8+ Cap. Fenced 3 buildings: two 4-units & one single-family. All vinyl sided with newer roofs, off-street parking & one garage.The 4-Units are low vacancy 2-bedroom apartments and rent for $900-$1000 per month on avg. Strong rental history with long term tenants (tenants pay own utilities). Both have coin-ops in the basement, updated electrical and fire coding. Possibly expandable third floors. The single-family is recently fully remodeled and has a new roof, new gas forced hot air system, new granite kitchen with all new stainless-steel appliances, new bathroom, hardwoods, & slider to very private deck.Possible administrative subdivision to eliminate the commercial status is in progress creating each building on its own lot. Overall great package with good cashflow and low expenses. SEE ATTACHMENT FOR RENT ROLL AND EXPENSES.
-
0BEDS
-
0.4ACRES
-
0BATHS
-
01/2 BATHS
-
6,987SQFT
-
$142$/SQFT
School Ratings & Info
Description
9-Unit Cash cow with monthly rents of $9,900 and 8+ Cap. Fenced 3 buildings: two 4-units & one single-family. All vinyl sided with newer roofs, off-street parking & one garage.The 4-Units are low vacancy 2-bedroom apartments and rent for $900-$1000 per month on avg. Strong rental history with long term tenants (tenants pay own utilities). Both have coin-ops in the basement, updated electrical and fire coding. Possibly expandable third floors. The single-family is recently fully remodeled and has a new roof, new gas forced hot air system, new granite kitchen with all new stainless-steel appliances, new bathroom, hardwoods, & slider to very private deck.Possible administrative subdivision to eliminate the commercial status is in progress creating each building on its own lot. Overall great package with good cashflow and low expenses. SEE ATTACHMENT FOR RENT ROLL AND EXPENSES.
© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Barrows Team Realty | Keller Williams Realty Leading Edge are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Barrows Team Realty | Keller Williams Realty Leading Edge. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-07-06T09:37:37.103.