Excellent Multi-Family Investment Opportunity
2 Apartment buildings for sale. 100% occupancy in both the 4 unit apartment and 8 unit apartment. Each apartment has either a patio or deck attached. Complete Renovation of 10 out of 12 units. New energy efficient furnaces throughout. New roofs on both buildings. New energy efficient windows throughout. New Stairwell on 3 story building. Approximately $5,000 per month is guaranteed through the 20 year project based voucher with HUD.
Sale Price: $549,000
CAP Rate: 9%