bedrooms
bedrooms
0
bathrooms
bathrooms
square feet
square feet
4,878
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
2024
full baths
Full Baths
-
half baths
Half Baths
-
5.07% CAP RATE! Two brand new (May 2024) 750 Sq. Ft. 2-bedroom/2-bath townhomes, all electric with solar, heatpump, all new everything! Plus Main Building with 5 units ( four 1-bedroom, 1- two-bedroom) that have all been remodeled over the past 5 years (new kitchens, new baths, new flooring, fresh paint, updated plumbing and electric). 3 units just had new flooring and bathrooms installed. On-site parking for all units. This property currently generates $218,820 in Annual Gross Rents ($182,35/month) and a Net Operating Income of $145763 per year resulting in a 5.0% Cap Rate and a GRM of 13.1. Tenants would very much like to stay. Property Management firm is in place to make this an easy transition for you.
Location
Subdivision -
County -
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: -
Listing agent: Ruth Bates
Listing broker: Compass
Last update: Thursday, April 24 2025 at 1:35 p.m. EDT
Compass Broker