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Updated about 6 years ago,

User Stats

15
Posts
2
Votes
Joo Yoon
Pro Member
2
Votes |
15
Posts

Fully Occupied 4 Family with Huge Rent UPSIDE! Under Market Rent!

Joo Yoon
Pro Member
Posted

Merry Christmas to the person who buys this DEAL! 

Located just 2 blocks away from the Government redevelopment zone! (Waterfront Project)

Commercial and residential properties supported by the government to drive Job growth! (Huge Upside!)

Market Rents in the area are looking at $2900-3200 after $20,000 Repairs! 

All tenants pay their own utilities!

Taxes are only $4624 a year!

Huge BASEMENT with Washer/ Dryer hookup for coin laundry + Extra space that can be divided and rented as storage units (probably 4) $100-200 a month each! 

Looking at a huge opportunity!! 

All together it has the potential to Cashflow at over $4000 a month (including basement income)

Don't miss out! All units need to be updated. Recommend all bathrooms and 3 kitchens be updated. 

Roof and foundation all in tact (Inspection report can be supplied upon request and proof of funds)

Closing should be before the end of the year! 

Will accept all offers until Christmas! 

  • Joo Yoon
  • Offering