257 Witmer Rd

Huge cash flow 13% cap, newly remodeled, new tear off arch roof, siding and paint outside, new paint and flooring in. We recently took over this building with 2 units rented, 2 bd $500 and # bd $725, we have allowed both tenants to stay and are gradually raising their rent. We rented the 3 bd for $925 which is the only apt that includes electric also along with heat and water. Currently their are 3 apts to view that are all for rent for $750 with a strong response. Huge back yard with outdoor pavilion and large parking lot for ample parking. There is a laundry room to add coin op machines. Depending on when you view you can see any vacant apartments. When fully rented with 2 apts raised gross rents will be $4800 a month minus $1.050 with a net of $3,750 or $45,050 a year not counting coin opp income.