Excellent opportunity to add to your portfolio with a potential for a 10%+ Cap Rate. The property consists of 3 rental units. The first is a 1565 square foot, 2 bedroom and 2 bath, single family brick home that was remodeled in 2018 with a newer architectural shingled roof, new hardwood flooring, and double pane windows. It also has a large master bedroom, a fireplace, an inside laundry room, and an open kitchen. It was rented for $1000 a month. The second unit is a 1216 SF manufactured home built in 2000. It has 3 bedrooms and 2 baths and rented for $700 a month. The third is a 912 SF manufactured home built in 1999. It has 3 bedrooms and 2 baths and rents for $700 a month. Total income is +/- $2400 a month at full capacity. Property taxes are approx $2051 a year. Insurance is approx $1312 a year.
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.
