Investment opportunity! Totally remodeled inside. Newly painted outside.
All 12 units are 100% occupied - currently renting for $1100 going to 1200 this year.
All units are 2 BR, 1 BA. New roof and sewer.
Taxes are $6,000. Insurance is $6000. Water is $5000. Mgt fee is 5%. tenants pay utility charges. Washer dryer hookups.
There is space to build self-storage units or laundry area. .9 acre.
cap rate of 7%
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