Amazing investment opportunity. Centrally located, legal 5-plex with annual gross income of $73,800.00, annual expenses approximate $12,000.00, and net income of $61,800.00. At list price cap rate of 6.3%. Room to increase rents, well maintained building, with long term tenants, separate water and electric meters. Also, income from laundry not included in annual gross income. Purchase and begin earning money immediately.
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.
