Single family 4 bedroom, 1 & 1/2 bath semi detached home with 2 car garage with a 6% cap rate. Rented with yearly lease for $1010. Detached garage rents for $200. Tenants pay all utilities except house electric, sewer and trash. Gross Rental Income $14,520. Expenses are taxes $2242, insurance $891, utilities $1960, 15% vacancy-maintenance-management $2,178. Total expenses are $7,271. Net rental income $7,249. Buy this property and the one attached to the other side of this semi-detached building at 9 South 2nd Street which is a 2-unit and is for sale for $133,000.
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