Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.4 Acres |
Financials
Listing Courtesy of MS Realty Group USA, Inc
Rare 6 Unit Income Property 10 Cap in Highland, NY HOLD.
Description
Rare 6-Unit Income Property – 10% Cap in Highland, NY ( HOLD.. you don't need a commercial mortgage; you can do a simple multi-family mortgage. Call me will explain how)
Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a "hands-off" utility structure where tenants cover their own costs, significantly reducing owner expenses.
The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Amenities
- Back Yard
- Natural Gas Available
- Other
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
