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Turnkey four plex in the Northeast. At $700 monthly per apartment the property produces Gross Annual Rents of $33,600. Cap rate is 8.68% and GRM is 7.43. All units are two bedroom one bath apartments open living/dining room areas. Each apartment comes with its own set of full-size washer and dryer. All four units are separately metered and tenants pay for gas and electricity. Large parking lot allows for additional parking. This is a well-maintained building with newer windows. Please do not walk the property or disturb tenants. Offer subject to inspections.
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Listing information last updated on May 31st, 2020 at 8:00pm MDT.