8% Cap Rate 4-Unit Available in Elizabeth NJ $260k
4 Unit Property for Sale @ 260k:
Unit 1: 4bed, 1 bath @ $1200/month
Unit 2: 3 bed, 1 bath @ $950.month
Unit 3: 2 bed, 1 bath @ $700/month
Unit 4: 2 bed, 1 bath @ $700/month
Water/Sewer = $250/month
Insurance = $150/month
Taxes = $415/month
Tenant pay utilities.
Minor repairs needed (~5k)
10% Management, Vacancy, and Maintenance in calcs.
Call me or email me any questions..
Rafael