Great two family investment sporting a (approximate) cap rate of 13% with current rents well below average for the area (via - rentometer). At the offering price of $58 per sq ft, this low maintenance opportunity on a great street in the Village of Mount Morris is ready to add passive income to your portfolio, or to start it! Price includes some very recent purchases like lighting, washer, and a stove. Separate driveways, garage (not currently rented), 2 bed 1 bath units, washer/dryers, separate gas and electric utilities to boot. The opportunity is ripe for the picking! Please keep in mind there are long term tenants so please do not disturb. Thank you for your interest. 2021-08-13
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