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.
Location
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