Great investment opportunity. 3 homes on a .98-acre lot. Potential income of approx. $3,200.00 per month! Unit #1 is a 3/2 that is 1304 sq. ft. and is rented at $1,000.00 per month (currently $300-$400 under market rent). Unit #2 is also a 3/2 that is 1322 sq. ft. that is currently vacant. Unit #3 is a 1/1 that is 600 sq. ft. and currently vacant. Seller is leaving two units vacant for buyer to set price or occupy. Subject property can easily offer an 8.5% to 9% return on investment once all units are rented.
Listing courtesy of Helm Properties.
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