Excellent investment opportunity 2 minutes from Young Circle! 10 unit multifamily 100% rented and professionally managed. Gross Income: $170,580. Cap Rate: 6.1%. Rent roll & expense report attached. The property consists of 3 buildings. Building One & Two: 8 spacious 1/1 units. Building Three: One 1/1 & One 3/1 unit, both units have private patios. 10 parking spaces, additional parking available at the back of the property. All units have individual electric & water meters, Landlord only pays garbage collection. All units have been remodeled in 2018. Hurricane proof windows installed in 2023. Laundry room in excellent condition. Building 3: roof replaced in 2018. Building 1 & 2: 50yr EverSeal Roofing System done in January 2025. All one-bedrooms use natural gas for ovens, paid by tenants.
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