Great live-in & investment opportunity. First and second floor have a spacious 3BR, 2 baths, (1400SF) and third floor, side by side, there are two units, with two 2 beds, 1 baths. Vinyl siding/windows, hard wired smokes, 2 huge family porches, coin laundry. Plus 3-car garage, annual income $39,000 + $150/$200 per month for garage rental. Needs TLC, but great rent rolls. Approximate CAP Rate 9.74% and cash on cash return 18.42%, and this assumes a 5% vacancy rate and a 5% maintenance fee. Selling as is needs some TLC and deferred maintenance, but with these rent rolls it is still a cash cow.
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