4 Unit Apartment Building! |
Collects $1500 Rent/Month (Multiply by 12 months....$18K/Yr)
Total Expenses:$510/Month
1 Two bedroom & 3 one bedroom
Apartments are currently vacant.
Needs some minor cosmetics/TLC.
Property being sold as is condition.
It has free & clear title,no liens & taxes are current.
Property Analysis:
Ask:85K
Sqft:3000
Yr Built:1900
Gross Rental Multiplier:4.72
Est.Cap rate:13.98
IRR:14%
Yield:21
After Tax Yearly net:$9,528(1stYear)$9991(2ndYear) |
| Type: |
Fourplex |
| Listing Status: |
For Sale |
| Price: |
85000 |
| Bedrooms: |
6 |
| Bathrooms: |
|
| Stories: |
2 |
| Square Feet: |
3000 |
| Lot Size: |
3000 |
| Age of Home: |
1900 |
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