This well maintained, fully rented 2 unit apartment has a cap rate of 10.72% (see sheet in documents for calculation)! This is the ideal income generating investment as both tenants are currently under annual leases. Gas and electric utilities are separated in each apartment so the tenants pay for their own use. All improvements made with the long term in mind. Fully leased income of $1345/month ($520 Apt. 1 and $825 Apt. 2). Photos show property prior to tenant move in. Sales Broker willing to offer 6 months free management to new buyer. Don't let this opportunity get away!
ENERGY STAR Refrigerator, Oven/Range-Gas, Oven/Range-Electric, Water Heater
Hot Water, 90% Forced Air, Baseboard - Electric
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