Hot investment property in South City! Operating at approximately 13% cap rate returns = Great cash flow!! This is a solid brick 4-family property with large units and great tenants in place! Each apartment has townhouse style separate entrance, a large living room with original decorative fireplace, a giant eat-in kitchen, a full bath, and a massive private bedroom. All units feature forced air heating (one w/ central a/c), 10ft high ceilings, original hardwood floors, massive pocket doors, circuit breaker panels, pvc stacks, 3 newer water heaters, and separate laundry hook-ups in the basement. Invest in your future with passive income, while you build equity fast! Very easy to rent. Close to parks, hospitals, restaurants, shopping, sporting events and downtown!
Listing courtesy of Realty Exchange.
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