This is a safe investment/Income Cash Cow! The beauty of this property is that it is on the smaller side, providing for minimal maintenance needs w/a tremendous Cash Flow. Why invest in a property that is double the size w/double the potential upkeep when you can purchase âCompact, Economical & Profitableâ? The cap rate is 7.85% which provides you w/a fantastic ROI & Limited Risk. The rents are diversified into 6 separate leases including a Professional & Beautiful Anchor Tenant in the form of a very popular Beauty Salon. The tenants are all Long Term (only 1 lease is month to month), the leases are Rock Solid & they want to stay! There are many updates including well maintained mechanicals, replacement windows, bathroom, flooring & kitchen updates. There are minimal areas that need any attention. The property was purchase by the current owner (appraisal attached) & upgrades have been made. This property is being offered at a very Fair price! Schedule your tour today!
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