Excellent opportunity to buy 2 separate homes on one huge 11,021 sq ft lot. Each home has it's own private yard. There is plenty of parking and for those who worry about the tenants water usage there are 2 separate water meters. So the tenant is responsible for all of their own utilities. The front house is a 2 bedroom and 1 one bath. You can get $2,000 a month in rent. Back house is a 3 bedroom and 1 bath. You can get $2,500 a month in rent. That gives you a 6.40% CAP Rate and A 11.65% GRM. That is a great deal for this market. It is also perfect for two families to buy it and occupy both homes. Hurry this will go fast. PLEASE DO NOT DISTURB THE TENANT IN THE FRONT HOUSE!
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