Description
Seller is offering short term carry back for up to 1 year with 40% down at 10% interest with no pre payment penalty.This is charming 8 plex on quiet street. The complex consists of 7 studios and a 1 bedroom unit. Income producing Laundry on site for tenants convenience. Entire property is gated for privacy. Numbers used:Actual Rents 7 units 1 vacant filled in with $800 (average rent is $839)Actual Expenses: Taxes, Water/Sewer/Trash, Electric, InsuranceProforma Expenses: Maintenance 5%(all done in house no receipts), Vacancy 5%Agent related to the seller
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
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2,475SQFT
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$311$/SQFT
School Ratings & Info
Description
Seller is offering short term carry back for up to 1 year with 40% down at 10% interest with no pre payment penalty.This is charming 8 plex on quiet street. The complex consists of 7 studios and a 1 bedroom unit. Income producing Laundry on site for tenants convenience. Entire property is gated for privacy. Numbers used:Actual Rents 7 units 1 vacant filled in with $800 (average rent is $839)Actual Expenses: Taxes, Water/Sewer/Trash, Electric, InsuranceProforma Expenses: Maintenance 5%(all done in house no receipts), Vacancy 5%Agent related to the seller
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Data last updated: 2024-09-18T07:11:49.863.
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