Remodelded 12-Plex Apartment for Great Cash Flow...
Attention Investors! This is 12 units apartment building, 11 have 2bedroom 1bath, 1 is studio, ample off-street parking lot. Apartment includes commercial washer and dryer in laundry room providing additional $150-$200/month laundry income. monthly gross rent $4350. low insurance rates $1500/yr (or lower) , utilities($200-$300/month) and property tax($2900/yr). All are remodeled. Lots of updates including new facial, new soffit, new carpet, new tile, new paint inside and out, new deck. Roof is only 3-4 yrs old. Apartment is located in a quiet and nice neighborhood. On school bus line, near highway, public school, a big park and biggest shopping center, close to all convenience. All electric, Owner pays water, sewer and some utility. This apartment provides GREAT cash flow!! |