Description
Big Price Drop! Great opportunity to own rental property in a high demand area. Both units just rented with new tenants at 700/month. Accounting for taxes, insurance and 10% property management this is a potential 9.8 cap rate. Both units freshly painted and front unit was rewired. Wear and tear repairs were also completed prior to new tenants moving in. Separate water and electric meters. The second bedroom is nonconforming as it is accessed through a bedroom. New permitted roof in 2019.
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3BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,402SQFT
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$82$/SQFT
School Ratings & Info
Description
Big Price Drop! Great opportunity to own rental property in a high demand area. Both units just rented with new tenants at 700/month. Accounting for taxes, insurance and 10% property management this is a potential 9.8 cap rate. Both units freshly painted and front unit was rewired. Wear and tear repairs were also completed prior to new tenants moving in. Separate water and electric meters. The second bedroom is nonconforming as it is accessed through a bedroom. New permitted roof in 2019.
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