This home sings money! Its income totals $1,600/mo; $19,200/yr and at this price it provides a handsome 10.38% return on investment or capitalization rate which is well above the market and far preferable to most alternative investments. In addition the investor will earn depreciation, amortization and stands a high likelihood of appreciation of value in the years to come. A large home with separate living suite downstairs, it is ideally situated for maximum comfortable separate occupancy. Currently rented to four students through July 2016. Two kerosene monitors heat this home - one on each level plus gas logs plus baseboard as back-up. Downstairs there is a second kitchen for a separate living arrangement.
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.
