This is a stabilized 19 unit portfolio with an in-place ROI of 11%. Portfolio is rented at 86% of full market rates, so though it is rented strongly, it does have upside. At full market rates, this turn key portfolio yields an impressive 21% ROI and $120k Net Cash Flow after all expenses and debt service. The portfolio consists of (2) four families, (1) 5 unit multifamily, (2) three families and (1) two family property. The properties feature tenant paid utilities and a mix of on and off street parking.
2,453 Sq Ft
0.29 Private Acres Lot Size
Multi Family
Built in 1890
MLS/Listing ID 24124598
Heating - Baseboard
Construction - Frame
Source of Data: SMART MLS
TOTAL MONTHLY COST
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