Quick Summary
Quick Summary
- Excellent investment opportunity with 7.3% Cap Rate
- Substantial monthly cashflow of $1,822 ($21,867/year)
- Turnkey property with 5 tenanted units
- Low expense and maintenance investment with 200 amp
- Opportunity to add coin-operated washer/dryer for extra revenue
- Excellent tenant-friendly location near amenities
- Landlord has access to interior and exterior storage
- 24-hour irrevocable on all offers
The CASHFLOW COW you’ve been waiting for! INVESTORS: 7.3% Cap Rate. Monthly CASHFLOW of $1,822/ month ($21867/year). Annual Gross Income of $80,883 split between 5 tenanted, turnkey units. Three 1 Bed units, one Studio, and one 3 Bed unit. 200 amp, with 4 hydro meters provide the perfect ultra low expense and low maintenance investment... Show More
The CASHFLOW COW you’ve been waiting for! INVESTORS: 7.3% Cap Rate. Monthly CASHFLOW of $1,822/ month ($21867/year). Annual Gross Income of $80,883 split between 5 tenanted, turnkey units. Three 1 Bed units, one Studio, and one 3 Bed unit. 200 amp, with 4 hydro meters provide the perfect ultra low expense and low maintenance investment opportunity! NOI $69,183. Full financials available. Additional revenue opportunity to add coin operated washer/dryer. Both interior and exterior storage is available to the landlord with power. EXCELLENT tenant friendly location. Walking distance to Grocery, Restaurants, Public Transit Schools and multiple parks! 24 Irrevocable on all offers. (id:54626)
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