Excellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income . 24 hours notice needed to arrange with the tenants for showings.
4,791.6 Sq Ft Lot Size
commercial
$1,781 Monthly Tax
Built in 1920
MLS/Listing ID 4030473
3 Stories
5 Units
Cooling - Central Air
Lot - Irregular Lot
Construction - Wood
Public Sewer
Public Water
TOTAL MONTHLY COST
$0
$0
$0