Show me the Money! 10%+ Cap Rate 5 Unit Multi-family Opportunity! Effective Rental Income of $39,574 in 2018. Coin Operated Washer & Dryer. In 2017 all new gas furnaces and water heaters were installed. The separate utilities in all the units mean the owner does not pay for the cost of those utilities. This led to a greater net operating income for the owner. City Certified and all improvements permitted. All 5 units have been turned and gutted. Hard-wearing High-End flooring installed in all apartments. New kitchens, including granite counters, and bathrooms in all units. All these improvements make the property easier to lease.This 5-unit property is located on E. North Street, in the Riverview District Development Area making it attractive to tenants.
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.
