
Description
Updated, rehabbed, income generating and ready to go! This amazing 12 plex is as easy as closing and stepping into the management. No fuss, no muss, just buy and start collecting the income. Current CAP of 7.68 and a 22.79 Cash on Cash. $125,879 gross with 4 units being under-rented with a projected increase potential of additional annual gross. Annual expenses at $26,390 leaving a tidy $99,489 to add to your passive income stream. Buy down that interest rate and increase your Cash on Cash! Sounds like a STREAMING deal! 11 1 bedroom units and 1 2 bedroom unit, laundry income and very low vacancy. Each unit separately metered for electric and gas. MANY updates to include the electrical being updated. See the list of property improvements supplied in the documents. Let's get together and set an appointment to view your new passive income stream! Listed by Amber D. Corrow-Scott and Jamie Laabs.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Updated, rehabbed, income generating and ready to go! This amazing 12 plex is as easy as closing and stepping into the management. No fuss, no muss, just buy and start collecting the income. Current CAP of 7.68 and a 22.79 Cash on Cash. $125,879 gross with 4 units being under-rented with a projected increase potential of additional annual gross. Annual expenses at $26,390 leaving a tidy $99,489 to add to your passive income stream. Buy down that interest rate and increase your Cash on Cash! Sounds like a STREAMING deal! 11 1 bedroom units and 1 2 bedroom unit, laundry income and very low vacancy. Each unit separately metered for electric and gas. MANY updates to include the electrical being updated. See the list of property improvements supplied in the documents. Let's get together and set an appointment to view your new passive income stream! Listed by Amber D. Corrow-Scott and Jamie Laabs.
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© 2023 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2023-09-27T10:18:57.223.
