INVESTOR ALERT!!!!!! 4 unit building with 3 units currently occupied. Start earning your return from day one!!!!! Unit 1 - $775 / mo, Unit 2 - $775 / mo, Unit 3 - $825 / mo, Unit 4 is currently vacant allowing easy access for viewing. Tenants pay their own utilities. Unit 4 has been kept vacant to allow access for potential buyers but can easily be rented for $825 giving you an annual gross income of 38,400. Allowing a 30% expense rate (which is high for this property) makes this sale a Cap Rate of 12.5%. Do not wait!!! See it today
Property Type :
Residential Income
County :
Highlands
Style :
Residential Income
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ByOwner last updated this listing 05/02/2024 @ 03:37
MLS: 302082
LISTED BY: Tom Barrett, RE/MAX REALTY PLUS
SOURCE: HLAND
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
