Investment opportunities that offer cap rates of over 8% are rare. This 3 family property is fully rented with almost 1200 square feet per unit. Enter into a spacious living room with coffered ceiling, the kitchen is large enough for a dining room table that can seat 6. Renovated in 2012 with all new bathrooms, hardwood floors, spacious stairways and great paved backyard accessible to all tenants. Tenants pay heat, gas, and electric. Taxes $8,490; Ins. $2,200; Water & Sewer $2,400; Utilities $960. Total operating expenses $14,050 Gross rental income $41,400.