Offered At: $675,000
Projected: $47,100 Gross Rent ⸰ Projected: 5.8% Cap ⸰ 2.2% COC
Cash Flowing 3 Property Package In Point Breeze!
Modern renovated rental portfolio - 1912, 1937 & 1942 S Croskey fully leased for $1350, $1275 & $1300 per month to quality and paying tenants. Big living room with chef style kitchen and flex back room. 3 generous bedrooms with bright windows. Upstairs bathroom has a skylight. Artistic style shower with rain head. The area is appreciating and these are turn key investments. The section 8 rent schedule has been increased to $2580 per month on a home like this, which would increase the cap rate to 14%
These buildings would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
$47,100 Gross Rent
NOI: $38,942
5.8% Cap ⸰ 2.2% COC
Building
Contact Us For A Showing Today!