Check out this aggressively priced cash cow with an actual 6% cap rate and 12.27 GRM on current rents! This two level 6-unit property is turn-key and fully stabilized with 4 three-bedroom, two-bathroom units, and 2 separate one bedroom, one-bathroom units. Each of the three-bedroom units are roomy and spacious with interior laundry and their own one car garage. There is a common area laundry room for the rear one-bedroom units. All of the tenants are Section 8 tenants, making this property recession and moratorium proof, since over 73% of the rent is paid directly by HUD. The price and terms for this building can't be beat!
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.
