This property is a great deal for the investor looking for cash flow at a very small price. The building will need work to get there however but with some repairs you can expect to have over a 20 % cash on cash return in the first year. The work involved will be adapting all new Pex plumbing to the bathroom and kitchens of every unit, kitchen and bathroom fixtures, drywall repair, general clean up, install a new mini boiler, some flooring,paint, and have some windows fixed. This should all be able to be done with a conservative budget of 25 -30 K This 4 unit apartment comes in an all brick structure that is in great shape and comes with a 5 year old new Carlisle roof. Perfect for the handy man investor team out there that is looking for a small price with a big long term payoff!!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
