Description
9-Unit 9% Cap CASH COW Investment Portfolio Including 9-11 Ela Court and 38-40 Lafayette Street. Producing an 9% Cap Rate with strong rental history. Consisting of 1-4 unit building. The single family, Duplex and Triplex buildings offer a great opportunity for condo conversion. Great location walking distance to town. Almost all of the units 8/9 have been recently renovated. Monthly income of approximately $15,125.00. Bonus 4 Bay Garage offers the opportunity for another stream of rental income.
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17BEDS
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0.51ACRES
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9BATHS
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01/2 BATHS
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7,929SQFT
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$214$/SQFT
School Ratings & Info
Description
9-Unit 9% Cap CASH COW Investment Portfolio Including 9-11 Ela Court and 38-40 Lafayette Street. Producing an 9% Cap Rate with strong rental history. Consisting of 1-4 unit building. The single family, Duplex and Triplex buildings offer a great opportunity for condo conversion. Great location walking distance to town. Almost all of the units 8/9 have been recently renovated. Monthly income of approximately $15,125.00. Bonus 4 Bay Garage offers the opportunity for another stream of rental income.
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Courtesy of Christopher Dunn of KW Coastal and Lakes & Mountains Realty: .