Amazing investment opportunity. Centrally located, legal 5-plex with an actual annual gross income of $81,600.00, yearly expenses of approximately $21,237, and net income of $59,160.00. At the list price cap rate of 4.7%. Room to increase rents which the PROFORMA shows 93k gross Income and a CAP rate of 5.4%, well-maintained remodeled building, with long-term tenants, separate water and electric meters. Also, income from laundry is not included in annual gross income. Purchase and begin earning money immediately.
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