Under Contract. 4 Plex $91,500
Great investment opporunity! This 4 plex has a great rental history and many updates in the past couple of years. Property features 4 two bedroom apartments. Three units are rented right now for $400/month with the fourth unit renting for $425/month.
2012 Income/Expenses:
Total Income: $18,200
Total Expenses: $4,868
Net Operating Income: $11,527
Cap Rate: 10.9%
Tenants pay their own heat/electric
Call for more information on detailed income/expense report.
2012 Income/Expenses:
Total Income: $18,200
Total Expenses: $4,868
Net Operating Income: $11,527
Cap Rate: 10.9%
Tenants pay their own heat/electric
Call for more information on detailed income/expense report.