Investors Delight 6% Cash on Cash ROI - 4 units, 2 resid, 2 garages -Gross Revenue $39,600 minus expenses $14,000 = $25,600 /$425,000 = 6% - Tenants pay ALL UTILITIES
This duplex resid home features 4beds 1st & 2nd floor, 1bed 3rd floor (w/long term tenant) and 2 garages to rent.
Great location for commuting N/S or E/W, stones through from Rt295 exit 29 provides N/S commute, on Rt30 for E/W commute, shopping w/in 1 mile - Shoprite, HomeDepot, McDonalds, WAWA, Dunkin, CVS, Tonewood Brewing, carwash, etc..
The woodwork and country atmosphere of this home will rent itself. Rich stained woodwork and stained glass windows set off this property from others. You may want to move in yourself.
It has a spacious 4 bedroom first and second floor apartment and a third floor 1 bed apartment. The amenities are truly unique and desirable with two decks, large well maintained yard, 2 car garage, off street parking, secluded yet accessible to all the conveniences a tenant needs. The property is well maintained and needs only minor touchups. This is a Great opportunity for investors looking to offset income or a newbie investor starting out who needs more space for his/her own family and they want to get started investing. Utilities are separate, water is charged to tenants and prorated between tenants. Electric is updated and the property is well maintained and solid. Owner is retiring.
Courtesy of: EXP Realty, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th September, 2022 7:42 PM (UTC)