The perfect investment for potential owner occupant, business owner and/or investor seeking cash flow.
This building was remodeled in 2019 where washer/dryer were added, every bathroom, kitchen and flooring were updated. The benefit of a building in this LOCATION and CONDITION is that the tenants stay long term and if vacant, relatively easy to lease.
The property currently grosses $4,175/month ($50,100/year) with low expenses.
Taxes are absolutely low at $2,207/year. Drive by and see for yourself that Olde Kensington is booming with tons of new and exciting developments that will bring so much upside value in the years to come. Live in 1 unit for free and rent out the others to pay 100% of mortgage. Buyer is responsible for verifying lot size, egress/ingress, taxes, zoning, and permitted/non-permitted use.