Cap rate 10 %. Rents $1725 and $1300. Tenants pay early or on time, very dependable. Two wonderful tenants want to stay long term, one tenant has been on property for over 7 years. New roof 2017, 6 new mini-splits 2021-2022 (tenants love due to low electric bills). New granite countertops 2023, new appliances 2022-24. Gorgeous updated bathroom 2024-tile work throughout with new drain-line, new shower, new vanity and lighting in front unit. Re-piped by former owner. New drain line front unit 2024.Luxury vinyl all floors 2024.New modern window shades for room-darkening and privacy. New fans every room with remotes 2020. Painted pure white inside 2023-24 . Shared laundry with extra storage. New washer and dryer 2023. Attached shed back of house for storage. Tree-lined property for privacy and creates park like backyard. Great price to sell quickly.
Financial Considerations
Price:
$359,000
HOA Fee:
N/A
Tax Amount:
$3619.13
Price per SqFt:
$231.31
Tax Legal Description:
BEG AT SELY COR OF LOT 29 BLK 14 TH N-28-30-E 61.04 FT TH N-55-50 -W 101.2 FT TO WLY LINE OF LOT 27 BLK 14 TH S-42-07-W ALG WLY LINE 60 FT TH S-54-41-E 115.5 FT TO POB BEING LOTS 28, 29 & PART