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$96,500
Sold on 6/21/12
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
2.50 |
1,942 |
$1,055 |
1993 |
On the market:
55 days
|
View full details, 15 photos, school info, and price history
Needing TLC - Tile Floors, Built In Entertainment Center, Eat in Kitchen, W/D Hookups. Great Rental Neighborhood Potential for Investors or Owner Occupied option as it is currently vacant.
This property will bring in total rents of $13,500 less 5% vacancy of -$675 per year so $12,825 adjusted gross income. Then after projected expenses of $3,556 the amount an investor would pocket is $9,269 per year based on pro forma.
This is a 9.76% CAP Rate.
Buyer to verify all financials, zoning, measurements, and all items of concern prior to close of escrow.
Listing courtesy of Linda Gerchick & Patrick O'Sullivan, The Robinson Group & The Robinson Group