Great Cash flow property, tenant pays all utilities except trash. Within the last 10 years owner has replaced, roof, 2 kitchens, 2 bathrooms, all windows and doors, and tiled all units throughout. There is an added plus with 3 separate storage/laundry rooms for each tenant. Current rents are low, owner has and likes long term tenants and does not raise rents often to achieve this goal, rents should be $800/unit. At $800/month GRI = $28,800, GRM = 7.4, NOI = $24,600 with an 11.5% Cape rate.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
