Investment opportunity in the Southgate area. 5 tenants. All but one tenant are on Month to Month leases. Income is $9,100.00 monthly +/-. Owner pays real estate taxes, insurance and one water bill monthly. NOI is $78,200.00+/-. Plenty of parking. 20+/- parking spaces. Located on a corner lot on Southgate Circle. No For Sale sign on property. POSSIBLE OWNER FINANCING.
Financial Considerations
Price:
$1,898,000
HOA Fee:
N/A
Tax Amount:
$11168.92
Price per SqFt:
$213.67
Tax Legal Description:
LOTS 18 & 19 LESS R/W FOR TUTTLE AVE IN OR 2675/153 BLK 28 SOUTH GATE UNIT 9
Exterior Features
Lot Size:
13474
Lot Features:
Central Business District, Corner Lot, Near Public Transit, Paved