This 4 unit in butler township is a landlords's dream, easy to rent, ample parking, single story, in a great location, and low maintenance with a brick exterior and a newer roof. Conveniently located near shopping and dining plus easy access to interstate 75 and 70. The building has 2 -2 bedroom units and 2 - 1 bedroom units with attached garage. All units are in great shape including new furnace in 2 of them. Based on 2016 expenses and current rent amount the Cap Rate is a very impressive 9%. In addition to the building this property comes with a buildable lot as well. The self managed HOA takes care of grass mowing, snow plowing, trash pick up and road maintenance, making it almost worry free for the new landlord.
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.
