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$90,000
Sold on 11/30/12
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
3.00 |
2,016 |
$1,759 |
1929 |
On the market:
70 days
|
View full details, 15 photos, school info, and price history
Wow what a property and what an awesome ROI. If you are looking for a hands off cash cow this is it. This is a great property that is in very good condition. Fully rented and ready to start making you cash day one! This is an 8 unit rooming house. Now, listen up here is the real cool scoop on this property. First 7 units are rented out and creating instant income for you. Six of those units are just one room apartments and the other is one room with a bath. The 8th unit is a larger apartment that is for your on site property manager that handles all the day to day responsibilites. The property manager is already in place too. All units rent for 120.00 per week x 7 units equals roughly 3,500 every single month with virtually no vacancies. Usually get 8-10 applicants first day when a room opens up. Property does have a kitchen for all to use. Hurry, this one is not going to ask. First 100K takes it.
Listing courtesy of Carl Gresen