Description
Great Multi-family (3 units) Investment Property!!! It will bring the most income uses as student housing or professional people. Or live in one uint and collect rent from other two units. Total 6 bedrooms, 6 bathrooms and 3-floor. Each uint/floor has 2bedrooms,2 full bathrooms and a kitchen.Rental Return is about 9%. Each room can rent about $700 -$750 monthly, or $1500 per uint, so total rent is more than $50k per year. Low property tax, annually is $3,264 in 2022. All utilities are separate except for the water. All 6 bedrooms have its own bathrooms, can be rented separately to six individuals. The sellers have spent a lot of money to remodel. The property is ready for moving in or renting. Three newly installed (3-zoned) central AC; 3 electric meters and 3 gas meters. Rental market is as strong as ever and will continue to grow, especially for the student housing since the school has reopened. House is sold AS-IS.
Location
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st June, 2023 7:53 PM (UTC)
