TO ALL INVESTORS OUT THERE, THE CURRENT CAP RATE OF THIS PROPERTY IS ABOVE 14%. Please see also local MLS #S1438637 for more additional info. Two separate buildings on the same parcel. 4-Units property recently renovated. 1 unit is a 3+ bedrooms and 2 baths, all the other units are 2+ bedrooms and 1 bath and a detached garage. Total potential rent about $4,500 per month. two units rented at $1,350 and $1,000 each. The other 2 units are under renovation to be completed by October 15th. They are estimated to rent at about $1,100 each.
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