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This is a great opportunity to have an instant cash return on an investment.The rents are currently below market, and by increasing them the cap rate could reach as high as 7.5%.The property consists of two duplexes featuring two 2 bedroom, 1 bathroom units, one 2 bedroom, 1.5 bathroom unit, and one 2 bedroom, 2.5 bathroom unit, with each unit offering its own fireplace.The buildings are very well maintained and include a 2 car garage along with an additional 3 car garage, plus two covered parking stalls.The total parcel spans 7 acres in a fantastic location.Planning and Zoning has indicated they would consider a plan for cluster development...See More
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(Real Broker LLC)
MLS # NWM2500263
