Rare Off-Market Property Under Contract: One Store and Four Apartments
Purchase Price: $725k
Description:
Retail location has 5 year lease, currently paying $2000/mo
Rent roll for 4 apts – $1200, $1200, $1000 & $950/mo
Owner has owned property for 23 years
Yearly income $76,200
Expenses $20k/yr, including taxes at $12k/yr
