5 unit investment property, 6.8% CAP rate Located between Trader Joes and Alabama hill off (not on) Alabama street. Very stable and reliable situation. Solid and well maintained house. Figures: gross yearly income: $72456 all yearly operating expenses: (repairs, insurance, utilities, taxes and fees): $11663 net yearly income: $60843 cap rate @ 900k = 6.8% Other information: All units but one are in excellent shape and need no repairs or upgrades. 7.1% CAP rate!
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.
