EXTRAORDINARY 4-unit. Completely updated in unrivaled condition, including kitchens, baths, flooring, HVAC (4 A/C, 2 furnaces, and all water heaters). Turn key... subway tile, ceramic, granite, new carpet, replacement windows, electrical, brushed nickel fixtures, You are buying very good cash flow, here are the numbers: Offered UNDER VALUE (value $277,000 at 8.5% CAP). Financing 20% down: 8.8% CAP, Cash on Cash 13.8%, After Tax cash flow 7-yr avg $8,020. Strong rents from 100% occupied units: average rent $10.19 per sq ft per year (very attractive $0.85/sf monthly). Rent includes pet $50/mo/pet (dogs permitted) and laundry approx $40/mo. You could eat off the utility room floor, this place is that clean. This one is gorgeous. If you are looking to buy strong numbers / cash flow with $0 to invest upon purchase, this is probably the best you will find. Owner pays common area electric and water only for laundry, sewer & trash. All appliances stay, new Frigidaire Gallery Stainless appliances (stove and fridge). Superb location, proximity to Front Street culture center (1mi), Portage Crossings redevelopment (1/2 mi), Menards (1/4 mi), Graham/Rte 8 retail hub (1/2 mi), Krieger's Fresh Market (across the street). APOD financials available upon request.
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