Description
Renovated 3 unit building with updated mechanicals, roof, windows. kitchen and appliance. Init A is a 4 bedroom 2 bath unit, with $1000 a month income, this unit was previously separate units consisting of 2 bedrooms and 1 bath each and could be converted back, increasing the rent for both nits to a total of $1600 a month. the other 2 units are 1 bedroom and 1 bath each and currently rent for $500 each unit. This would be a cash flowing property for any investor at this price showing a 10% cap rate at current list price, income and expenses. LARGE REAR GARAGE WITH LOFT AND ROOM FOR VEHICLES, TOYS, WORKSHOP IS INCLUDED
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6BEDS
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0.21ACRES
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4BATHS
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11/2 BATHS
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3,077SQFT
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$57$/SQFT
Description
Renovated 3 unit building with updated mechanicals, roof, windows. kitchen and appliance. Init A is a 4 bedroom 2 bath unit, with $1000 a month income, this unit was previously separate units consisting of 2 bedrooms and 1 bath each and could be converted back, increasing the rent for both nits to a total of $1600 a month. the other 2 units are 1 bedroom and 1 bath each and currently rent for $500 each unit. This would be a cash flowing property for any investor at this price showing a 10% cap rate at current list price, income and expenses. LARGE REAR GARAGE WITH LOFT AND ROOM FOR VEHICLES, TOYS, WORKSHOP IS INCLUDED
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