Property Description
This 7-unit apartment building is priced to cash flow. The current annual rate of return on investment is 9.75%. No vacancies to fill, no rents to raise, because it already makes sense. Each unit has undergone repairs and utility upgrades with tenant paid electric heat. Future potential for water to be billed per unit exists thanks to brand new separate water heaters and separate water meters. As a real estate investor, consolidating multiple rental properties in different locations, into one cash flowing property is the work smarter move your portfolio and lifestyle needs.