Description
2 Homes on 1 Lot with fenced privacy separating the two units. Unit 1 rents for $2,300 per month, Unit 2 is $1,400, $3,700 per month and annual gross income $44,400, providing a Gross Cap Rate at 8.2%. Unit 1 is a 3 bedroom 2 bath and has been updated. Unit 2 is roughly 600+/- SqFt, 1 bedroom, 1 Bath with full kitchen, parking, private entrance, and yard. Both units have washer and dryer hookups. Both tenants are long term, with Unit 1 good trhough 10/26, and Unit 2 is soon to expire 11/25, and will be placed on Month to Month.
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3BEDS
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0.14ACRES
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2BATHS
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01/2 BATHS
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1,445SQFT
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$373$/SQFT
School Information
Description
2 Homes on 1 Lot with fenced privacy separating the two units. Unit 1 rents for $2,300 per month, Unit 2 is $1,400, $3,700 per month and annual gross income $44,400, providing a Gross Cap Rate at 8.2%. Unit 1 is a 3 bedroom 2 bath and has been updated. Unit 2 is roughly 600+/- SqFt, 1 bedroom, 1 Bath with full kitchen, parking, private entrance, and yard. Both units have washer and dryer hookups. Both tenants are long term, with Unit 1 good trhough 10/26, and Unit 2 is soon to expire 11/25, and will be placed on Month to Month.
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