Property is priced to sell!! Owner is retiring. Rare opportunity to own a 5 unit in the small quaint town of Ashby! Great long term buy and hold investment opportunity. Well maintained and fully tenanted building bringing in over $42,000 / year!!! with low operating expenses about $17,000. Net Operating Income is @ $25,000. Cap Rate of about 11% and Cash on Cash Return @ 20% - Property sits on almost an acre of land with gorgeous views of the rolling hills behind the property. Close to schools and town center. Plenty of parking for the tenants. Newly installed Presby septic system and many other updates throughout. Pictures were taking on a rainy day and don't do this 5 unit justice! Must see to appreciate. All tenants are TAW.
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