71 & 83 Mono St TWO APNS. 1 Vacant unit, will be rented for $800 before new owner takes over, then Gross income will be $104,952 Per year. Also all units will be up with 8% increase to $800 or more, so projected income of all at $800 is very conservative, 12 x 800 = $9600 or $115,200 a year. Current Property Manager managed since 2014, took over with 5 Vacancies and know this property and tenants well. Strong Property manager is the key to maintaining a good investment. 5 of the 12 units are on Section 8 so most of the rent is paid by the government, housing office. Very good property with a long term growth, also rent prices are going up as there is a shortage of good managed units. 6 detached buildings 1 building for 2 units, each 2br 1 bath
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.
