Investment property, fully occupied and positive cash flow. New Owner estimates for: Cash on Cash 12%, Cap Rate 8%, Gross Yield 11%. Well maintained to minimize unexpected expenses. Units updated with vinyl windows, water heater, carpet, paint, bathroom, and kitchen. Each unit boasts an open floor plan which includes a garage with storage area, utility room with washer/dryer hookups, up and downstairs living rooms, 2 bedrooms with excellent closet space and 1.5 baths. Updates include: new kitchen countertops & appliances in 2008, new gas furnaces & air conditioners in 2009 and a new roof & siding in 2011. Both units are leased to great tenants through May of 2012. Located on a spacious lot, this property is in perfect condition for a new owner and positioned close to all that Stow has to offer.
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