Description
This multi-family unit is a moneymaker currently at an 11% cap rate currently getting $2400 per month but with earning potential of $2800 per month! Currently, the first floor unit is rented at $1200 per month on a month to month lease. This unit has 2 bedrooms and 1 bathroom with new paint, updated flooring, fenced-in yard, and front and back porches. The unit on the second and third floors has 4 bedrooms, 1 bathroom, and a balcony, is currently under market value at $1200 per month rent and should be getting $1600 per month. These tenants are also a month to month lease. This would make a great addition to any investment portfolio or would be perfect for living in one unit and renting out the other unit. Don't delay, come tour this two unit property today!!
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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2,286SQFT
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$92$/SQFT
School Information
Description
This multi-family unit is a moneymaker currently at an 11% cap rate currently getting $2400 per month but with earning potential of $2800 per month! Currently, the first floor unit is rented at $1200 per month on a month to month lease. This unit has 2 bedrooms and 1 bathroom with new paint, updated flooring, fenced-in yard, and front and back porches. The unit on the second and third floors has 4 bedrooms, 1 bathroom, and a balcony, is currently under market value at $1200 per month rent and should be getting $1600 per month. These tenants are also a month to month lease. This would make a great addition to any investment portfolio or would be perfect for living in one unit and renting out the other unit. Don't delay, come tour this two unit property today!!
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