Park Circle Investment Opportunity!! Attention Investors!! 7.3% Cap Rate at list price!!!---15% ROI---2 properties for the price of one! Homeowners--Live in the main home, rent out the small cottage to offset the mortgage payment! How can you lose! Popular Park Circle area! A 2Br, 2Ba, 1000 square foot home just sold on Bexley right down the street for 124K!! DO the math!! One single family detached home and a small cottage completely rented! Large home rents for $950 (we feel this is undervalued but the tenant has paid for years with no issues) a month and the small cottage $400. Large home is equipped with handicap enhancements. Classic Park Circle Property! You can walk to downtown Park Circle and the new waterfront park is a short bike ride away!
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