Price: | $450,000 | Status: | Pending |
Taxes: | $5,669 | Lot Size | 0.14 |
Long-term Landlord says it's time to sell! Massive flat-top triple decker with three huge (1481 sq. ft.) 4-Bedroom units. All units have separate utilities, washer/dryer hookups in units, covered porches, storage in basement, and huge shared parking area. A great downtown location close to all area amenities; shopping, highways & hospitals. The property is currently grossing $45,600.00 w/$10,078 expenses (includes taxes). A solid net income of $35,522 per year. Rents are currently under market with a conservative projected income of $54k/year ($1,500/mo. x 3 = $4,500/mo.). COC exp. 5/2022. An ideal investment to add to your growing portfolio!
Listed by John Roy of Homefront Realty, LLC.
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