Outstanding and rare opportunity to own this high cash flowing investment property which is being offered at a favorable 10 cap or better! The property consisting of an eight (8) licensed rooming house. All rooms are located on the second and third floor and paid on a per weekly basis. There is also a large 3 bedroom apartment located on the main floor which has a yearly lease and paid each month. The first floor apartment has its own separate oil furnace (tenant pays all utilities), this apartment could be perfect for an owner occupied situation. Most tenants are all long term and steady occupants that makes for an ease of operation. Seller has owned and operated this property for over 15 years and is only selling as he has moved out of state. All reasonable offers will be considered. The property is in good condition and certainly worth a look!
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, Listing provided courtesy of
ELITE REALTY GROUP LLC
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Data last updated: Sunday, January 22, 2017 at 8:19 PM. Properties in listings may have been sold or may no longer be available.