Great 6 unit rental property steps from Inman Square yielding a 6% CAP RATE. NET ANNUAL INCOME = $175,740. Leases expire 8/31/27. Consists of FOUR 2-Bedroom units and TWO 3-Bedroom (2 bath) units. 2-Bed RENTS = $3,050 + $3,150 + $3,050 + $2,925. 3 Bed 2 Bath RENT = $3,450. 3 Bed 1 Bath RENT = $3,350. Basement has high ceilings (architectural drawings available for adding units on basement level.) INCOME AND EXPENSE breakdown per request.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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