High quality townhome complex. Desirable 3 unit building. 2 stories, 3 bedroom, 1.5 bathrooms, each unit has their own 1 car attached garage. Built Brand New in 2016, these units are always rented with a waitlist. These rentals are the best show in town. They are high quality and cash flow beautifully. Each unit consistently brings in $775/month. Tenant pays utilities. Over $27,000 in gross revenue, with an annual N.O.I of almost 19k. Cap Rate is an attractive 7.15% Other quality units can be purchased in a much larger bundle. Lots of common space behind the home. Cheap interests rates make it a great time to buy investments. These are conveniently located just across from Woodlawn Country Club.
11206549
Residential - Multi-Family, Other
9
12
2016
De Witt
Public
Vinyl siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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