Description
This is a money maker! Solid 6% cap rate! 6 units and all are rented. The building is older but has been maintained. There are three 1 bedroom units and 3 studios. Great rental history and easy to rent. Rents vary between $650 and $800 so there is room to improve the cash flow. Seller pays water, sewer, garbage and all units have separate electrical meters. The property has a small laundry facility for extra cash flow. Off street parking and gas available at the building.
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4BEDS
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0.19ACRES
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4BATHS
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01/2 BATHS
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2,474SQFT
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$242$/SQFT
School Information
Description
This is a money maker! Solid 6% cap rate! 6 units and all are rented. The building is older but has been maintained. There are three 1 bedroom units and 3 studios. Great rental history and easy to rent. Rents vary between $650 and $800 so there is room to improve the cash flow. Seller pays water, sewer, garbage and all units have separate electrical meters. The property has a small laundry facility for extra cash flow. Off street parking and gas available at the building.
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