Courtesy: Mary Kay Flanagan, RSPS, ePRO - Howard Hanna
A lucrative Multi-family Real Estate Investment Opportunity!Four occupied units with separate utilities paid be the tenants. The capitalization rate of approximately 11.4% is quite favorable which suggests strong income relative to the property's value. The presence of ample parking also enhances the property's attractiveness. If the property passes your due diligence procees and aligns with your investment criteria, this could indeed be a promising opportunity.
R1528802
Single Family, Multi-Family, 2 Story
9
Otsego
4 Full
1850
0.42011
Acres
Connected,Public
2
Wood
Septic Tank
3,912
Sq. Ft.
Yes
- 2
spaces
School Information
Laurens
Bathrooms
4
Total:4
Interior Features
- Appliances
- Electric Water Heater
- Flooring
- Hardwood, Vinyl, Laminate, Varies
- Heating
- Electric Heating, Oil, Propane. .
- Basement
- Partial
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 2 Parking Spaces. 0 Covered Parking Spaces. Two or More Spaces,Unpaved.
- Exterior
- Wood
- Lot Dimensions
- 100x183
- Structural Condition
- Resale
- Additional Exterior/Lot Features
- Rectangular,Residential Lot.
Financial Considerations
240.15-2-42.00
$2,892
Cash, Conventional, Rehab Financing
Arrows indicate 90 day trend
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