Price Reduced!Great opportunity for anybody looking to invest!All tenants on month to month leases 1fl -1,4002nd fl -1,8003rd fl -VACANT-Can rent for top dollarBsmt -700 for storage Taxes 400 a month Electric 50 a month Water 100 a monthInsurance 250 a month70,800 annual income9,600 annual expensesNet income 61,200 (6 pct cap rate)Building is in excellent condition. Renovated within the last 7 years. Excellent tenants on month to month lease. Once apartments are vacated in the future, you can rent each unit for much more which can bring your cap rate to 12 pct or net income of around 100,000 AFTER expenses!
Richiesta email a Robert DeFalco Realty, Inc.
Immobiliare ID: 110097179484