Multi Family - Solid 14% Net ROI - 32254 REDUCED
This 2,112 square foot, concrete block Multi-Family, built in 1969 is the opportunity to start your project with a clean slate. You are able to either keep it as a Triplex with 3 2/1's or convert to a duplex and save rehab expenses while maintaining a solid ROI either way you choose.
This property will require a total rehab, but you are all set with a good layout and great cash flow potential. Fire house with new rafters, plywood and tar paper. Ready for shingles. Most of the demo has already been done for you!
This is a hot rental market and is surrounded by other multi-families. Great investment for cash flow. If you would like more information on this property, please email [email protected]
Price $24,900
Gross ROI 22%
Net ROI 14%
Taxes $622
Closing Cost $2,300
Repair Estimate $50,000*** depending on rehab experience
Projected Rent $1,500 (Rentometer for 3 2/1's or 2 3/2's)
Link to Marketing http://eepurl.com/cfqchr