Selling House That Is Occupied w/ Tenants

[Chris S.]

I have a two family in the Boston area.  My wife and I have been considering selling it.  Both units are currently rented.  I wonder--is there a good way to try and sell a house with tenants?  I don't want to list it and have them move out.   Do some investors buy sight unseen based on cap rates?

And as for the house --it's in Quincy--south of Boston --walking distance to public transportation --right in Quincy Center--there is a major development under way.

Current Rents $39.3K a year (probably a bit low still)

Taxes/Insurance $11K a year

Water Sewer $1200 a year

I've never had a vacancy in 10+ years but accounting for 5% vacancy 

this gets to NOI of $25.1K per Year

Asking Price:  $630K.  

Cap Rate = 4%