Seller has bought his property for $125,000 and now he is selling it for $122,500. The reason for selling is change of plan for his investment. According to seller this property almost always stays occupied. Rents are from $450-$500 per month. Its average income is $22,800 for selling price of $122,500. Cap rate before expenses is 18.61%. You can see the return it generates. Take a look inside you will not be disappointed. Seller has another building for sale on the same street. I am guessing you can get great package deal.
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