Fourplex (Legal Triplex With 4th Unit Which Is In The Process Of Being Approved). Fantastic Investment Opportunity Or Live In & Rent Out. 2012 Rental Incomes Was As Follows: Main Floor $1500/Month + 30% Of Utilities; 2nd Floor $1200/Month + 30% Of Utilities; Bsmnt $1300/Month + 30% Of Utilities (2 Full Wshrms In This Unit); Bachelor $600/Month + 10% Of Utilities. Owner Is Also Getting $800/Month From Landscaping Company To Store Equipment In Back. **** EXTRAS **** Net Income After Property Taxes: $64,800 - $2912 = $61,888 (8.8% Cap Rate) All Appliances Included Except Main Floor Fridge/Stove ** Possible Development Opportunity 57.25' X 200'Deep Lot Can Be Combined W/Lot Next Door (Ask Listing Agent)
Property Summary:
Category:Other
Bedrooms:4
Bathrooms:5
Garage:0