Description
Great Investment Opportunity! Location, Location, Location! Turnkey,well maintained, Five Unit Apartment Building on a deep Double Lot. Property features a gorgeous front porch and second floor decks. Five units in great condition, two long term tenants and three with 2+ years all with good payment histories. Full basement with laundry hookups provide the opportunity for extra income for storage etc. lease rates currently below market, annual income is $36,360 with a cap rate of 6%.
Lot has the possibility to be divided or expand the current building. It is the buyer's responsibility to check with local zoning etc before purchase, seller makes no warranties.
Perfect for Investor or Owner Occupant.
Commuters dream close to all major highways, public transportation is just steps away, markets and shopping centers close by.
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st March, 2021 3:09 AM
