One of the best investments in the area! Total rent per month is $1,900 between the four units. Rents could be riased to $2,200 according to rental manager. There are two 2 bedroom units and two 1 bedroom units. Huge annual cash flow with a estimated cash on cash return of 38%!! Estimated net annual income is $15k a year and a estimated cap rate of 15%. Three of the units have had tenants for a long time and the fourth unit has a new renter. Owner has recently invested $30k into these homes. The 2 homes in the rear of the property have a new metal roof and the building in the front has a new asphalt shingle roof. All new vinyl siding, some new electrical and paint as well. Possibility for new owner to lower tax bill. While the information displayed herein is thought to be accurate, it is your responsibility to independently confirm its accuracy and agent makes no representation about the content in its description.
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.
