Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,575 per month, based on comparable local listings. Estimated long-term cap rate of 6.7%. Worried about the assessments? DON'T BE! With any full price offer, they will be paid by the seller at closing, (~18K$) and you will have free and clear title along with a worry free existence! This building has had extensive renovations that have turned out absolutely stunning! Attached you will find the list of repairs, the last of which is coming in 2024 - NEW ROOF, which should do it! There were Impact windows installed in 2021 ($7K), New HVAC system in and out ($5500) not much more you can ask for. This is in clean but original condition, so it is RIPE for you to go in with your imagination and turn this canvass into a masterpiece! This is a perfectly located unit right inside the front entrance, on the first floor, with the laundry room just steps away, as well as a patio door acces
Property Information
Monthly Rent | $1,575 |
Monthly HOA | $0 |
Rental Policy | STR Restrictions |
Yearly Taxes | $0 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 658 |
Furnished | unknown |
Year built | 1973 |
Listing Status | Off Market |
MLS | RX-10934294 |
