Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$2,650,000
Annual Taxes:$19,214
Listing Courtesy of WERC Realty, LLC
Cash flowing 8 unit property generating 14, 000 month plus an additional 300 month from on site laundry, totaling 171, 600 in annual revenue.
Description
Cash-flowing 8-unit property generating $14,000/month plus an additional $300/month from on-site laundry, totaling $171,600 in annual revenue. The unit mix consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Each unit is separately metered for electricity and features its own central A/C system with both indoor and outdoor components. The roof is only 5 years old, and the 40-year recertification has been recently completed. This is an ideal value-add opportunity for investors, with rents currently below market and all leases on a month-to-month basis. The landlord holds security deposits for all tenants. The property is well-maintained, with clean interiors, strong long-term tenants, and ample parking, including 8 assigned spaces and 2 guest spots. Call for private tour today.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12004109
Amenities
- CableAvailable
- LessThanQuarterAcre

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.