Description
8% Cap rate. Income property, 3 family with 4 rents. Cash flow now is $3745 a month. 3.6 Acres. The property has a brand-new septic system, brand-new well. New oil tank and updated high efficient oil furnace. Tenants pay for their own electric and cable owner pays for oil. The rent has not been raised for a couple of years so it is due. All tenants now are month to month. New vinyl flooring was installed 3 years ago. Rent from 3 family house and 30x90 garage. Can also rent space on the champagne bottle billboard. Unit 1 $850 1 bedroom Unit 2 $875 1 bedroom Unit 3 $1300 2 bedroom Unit 4 $720 garage
-
0BEDS
-
3.6ACRES
-
0BATHS
-
01/2 BATHS
-
2,380SQFT
-
$193$/SQFT
Description
8% Cap rate. Income property, 3 family with 4 rents. Cash flow now is $3745 a month. 3.6 Acres. The property has a brand-new septic system, brand-new well. New oil tank and updated high efficient oil furnace. Tenants pay for their own electric and cable owner pays for oil. The rent has not been raised for a couple of years so it is due. All tenants now are month to month. New vinyl flooring was installed 3 years ago. Rent from 3 family house and 30x90 garage. Can also rent space on the champagne bottle billboard. Unit 1 $850 1 bedroom Unit 2 $875 1 bedroom Unit 3 $1300 2 bedroom Unit 4 $720 garage
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Home Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-07T13:53:58.13.