- Four fully rented studio apartments that have recently rehabbed/
- Apartments are rented for $400,$400,$375,$375 for a total of $1,550 a month and $18,600 annually.
- Building features updated electric, new water lines, new security doors, some new water heaters and furnaces are newer.
- Each unit has there own private storage in the basement.
- Building provides great cash flow with a cap rate of approximately 25%.
Asking Price – $54,900
Paying buyers agents 2.7%
[mappress mapid=”152″]