Description
9% CAP return in this brick 6 unit property in the Barry Square neighborhood. Amazing opportunity for a cash flowing investment. All 2 bed/1 bath units. Utilities are separate & tenant paid - electric + gas heat and hot water = LOW expenses for owner. There is a driveway with off street parking for tenants. Trash is city pick up. Desirable south end location for tenants w/highway access, close to the city bus route, shopping, restaurants and other amenities. Rents below market = upside potential w/15% CAP pro-forma. Really great property for new or seasoned investor.
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12BEDS
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0.18ACRES
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6BATHS
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01/2 BATHS
School Information
Description
9% CAP return in this brick 6 unit property in the Barry Square neighborhood. Amazing opportunity for a cash flowing investment. All 2 bed/1 bath units. Utilities are separate & tenant paid - electric + gas heat and hot water = LOW expenses for owner. There is a driveway with off street parking for tenants. Trash is city pick up. Desirable south end location for tenants w/highway access, close to the city bus route, shopping, restaurants and other amenities. Rents below market = upside potential w/15% CAP pro-forma. Really great property for new or seasoned investor.
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