Looks like a great deal to me, but...

[Mark Myers]

I am completely new to this, so forgive my abundant ignorance.   I've found and MF 8 unit building in a pretty good location.  All units are 3/2 1080sqft. Actual 2014 numbers are as follows: potential yearly gross income $50,000      actual yearly gross income $43,175.    Building operating expenses $10,872.  Asking $330,000.  Mortgage would be (ballpark) $2200/monthly. Seems like a great deal.  Why has it been for sale for almost a year? Am I being overly cautious? Thanks for input.