ID # | H6334054 |
Details | 3 bed, 3 bath, AC, Lot Size: 0.05 acres, Interior: 1455 ft2, 135m2 Listing Age: 13 days |
Construction Year | 1890 |
Taxes (per year) | $6,671 |
Fuel Type | Gas |
Air Conditioning | Window AC |
Basement | None |
Excellent investment opportunity for the savvy buyer or investor. Single Family Residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. Live in 1 unit and allow the other two units to pay off your mortgage. Rent roll possibility is $62,000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+ The conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. Double lot offers potential opportunities for a developer. The property has an assumable FHA mortgage at a mind boggling 2.375% interest rate. Yes, that is not a typo! 2.375%. Call for additional details or to schedule a viewing. © 2023 OneKey™ MLS, LLC