Courtesy of: Jesse J Bailey, 49 Units, LLC, jbailey@49units.com
Courtesy of: Jesse J Bailey, 49 Units, LLC, jbailey@49units.com
$365,000
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5 bed
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1.00 Bath (1 Full)
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Single Family Residence
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$365,000
173 W 18th Street 5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership.This property generates $3, 395 in monthly rent ($40, 740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.
Courtesy of: Jesse J Bailey, 49 Units, LLC, jbailey@49units.com
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