Description
6 Units all 3 br+2ba, total of 18 bedrooms, 6 full baths, and 6 half baths and 6 covered carports 100% Occ. Building with Paying Tenants! 7.7% Cap Rate, 9.7 GRM, $133,650 gross, 6 carports, built Townhome style ie each unit has living room, kitchen, utility rm (with washer/dryer hookups), and half bath on ground floor. Upper floor has 3 bedrooms and full bath in each unit. Stabilized Section 8 income stream with long term upside (current rents are far below S8 payment standards of $2,614 per month). Copper plumbing, breaker boxes in each unit, 15 yr old roof (no leaks). Rents are collected via direct deposit allowing ease of ownership.
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18BEDS
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0.18ACRES
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6BATHS
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61/2 BATHS
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6,650SQFT
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$195$/SQFT
Description
6 Units all 3 br+2ba, total of 18 bedrooms, 6 full baths, and 6 half baths and 6 covered carports 100% Occ. Building with Paying Tenants! 7.7% Cap Rate, 9.7 GRM, $133,650 gross, 6 carports, built Townhome style ie each unit has living room, kitchen, utility rm (with washer/dryer hookups), and half bath on ground floor. Upper floor has 3 bedrooms and full bath in each unit. Stabilized Section 8 income stream with long term upside (current rents are far below S8 payment standards of $2,614 per month). Copper plumbing, breaker boxes in each unit, 15 yr old roof (no leaks). Rents are collected via direct deposit allowing ease of ownership.
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