Opportunity to own a three-family investment with 11.5% CAP rate and $18k + NOI. Property is updated with some replacement windows and various unit updates throughout, including hardwood floors and updated kitchens and bathrooms. There are large, (2 3 bed/1 bath units and the 3rd floor is a 2 bed/1 bath unit. The utilities are separate and tenant paid - 1st and 2nd fl are gas H&HW, 3rd fl is electric H&HW. The electrical is updated to circuit breakers - there is no owner's panel. There is a 4-car, detached garage behind the property. Potential for value add - increase rents + rent garages out - 15% CAP proforma. Great opportunity for someone looking to start their portfolio or add on. Invest or owner occupy. This can also be purchased as part of a larger portfolio - ask for details.
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.
