About This Property
Attention Investors! Current Cap Rate near 13% with over $50k net income! This income generating property features 5 residential units and one commercial garage unit featuring 4 garage bays equipped with newly replaced garage doors. Three of the residential units have been recently remodeled, along with the completion of a new back deck and stairs. Tenants pay own electric/electric heat in front 4 units in building one. The second structure in rear of the property (commercial garage & beautifully remodeled 2 BR apartment-- have their own natural gas furnace). All tenants also pay their own garbage. Landlord only pays water and sewer. This property is ready for a new owner that is looking to make money from the day they have the keys in their hands! Don't let this one slip away.
This property has sold and is no longer on the market. For the closed sale price and recent comparable sales on this street, contact us directly. Listed by Dream Homes Real Estate LLC.
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