Property Description:Great investment opportunity! Close to all transportation, schools, shopping and restaurants. Updated. Low maintenance costs. Tenants pay heat and electric. Current Cap Rate 6.30%. Great up-side potential! A higher Cap Rate will be achieved through revenue growth coupled with effective expense control. Tax grievance filed. Buyer/Agent must verify all information.
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Current Cap Rate 6.30%. Operating Income $100,800. Operating Expenses $48,330. Net Operating Income (NOI) $52,470. Call or Text Rick 516.978.8023.