Amazing income opportunity for an investors, builders, or any home buyer who would like to subsidize their mortgage expense with rental income but avoid having roommates. Zoned multi unit in the up and coming Barnum neighborhood. Reliable tenants have been in the property 10 years, 4 years, and 3 years. HIGH Value add potential with a little elbow grease and imagination. Raise the rents with a little cosmetic upgrades or Tear it down and build three new structures on site and make a killing on the sale side. currently 7.3 cap rate with current rents and 600k purchase price.
Courtesy of Brokers Guild Homes
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