8-Family Apartment Building (2 - 4Plexes) Income Producing Multi-Family Rental Property - All units Fully Occupied and Completely Renovated - Total Current Monthly Rent Roll - $15,970.00 - includes rents for all apartments. Buyer pays for CO and other City costs to Close. Gross Rental Income - $191,640.00.00 Expenses - $31,591.00 - Net Yearly Rental Income - $160,049 - Cap Rate 8.0% - Code Enforcement Requirements are in Good Standing, Certificates of Occupancy all current. Several Value-Add Opportunities. Buyer pays for CO and other City Costs to Close. As is Sale.
Listing courtesy of: New and Modern
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