Multi Family House For Sale
Built in 1890, this property features 9 bedrooms, 3 bathrooms, 0.24 Acres,
and 3,188 Sq Ft of living space.
Large 2 Family house on .24 acres located close to shopping, Highway access, and bus lines.
1st floor has 3 bedrooms 1 full bath
2nd floor is combined with 3rd floor for 6 + bedrooms 2 full baths.
Both units have Washer Dryer hook up and separate utilities
$119,900 divided by 3188 square feet is $37.00 per sf you can’t build them that cheap.
House needs to be cleaned up. Painting, refinishing floor and carpets, repair work to decks and some window replacement and tenanting.
Monthly rental rate 1st fl $1,100 + 2nd fl $1,550 = $2,650 x 12 = $31,800 annually
Taxes $,4086 + insurance $1,500 = $5,586
Annual cash flow $31,800 – taxes & insurance $5,586 = $32,214
If interested call Adam @ 203-994-0708