Investors take note! This property is a money maker. Come see this updated 3 family house conveniently located close to public transportation and parks. Each floor has been converted from a 2 bedroom into a 3 bedroom apartment. In addition, the owner has started the process of a finished basement. Current rent totals are 3,300 a month at full capacity. This does not include the potential 4th apartment in the basement. Yearly numbers are as follows: 39,600 gross income at full capacity, 9,587 of Expenses, and Net Income of 30,013. That's a cap rate of 17.8%! Come take a look before it's gone. Third floor is currently vacant.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
