Very well cared for 2-family investment property with detached two car garage that can be rented for extra income. both units are in very nice condition with long term tenants. The 2 bedroom is being rented for $1,025 per month. and the 3 bedroom unit is being rented for $1,450 per month. total monthly income of $2,475. Estimated tax is $4,201 per year (350 per month). Insurance on 2 family homes is estimated at $1600 per year (133 per month). Sewer is a flat fee of $604 per year (51 per month). water is estimated at $800 per year (66 month) .... Gross rent of $2,475 - expenses $600 give you a net income of $1,875 per month or $22,500 per year. that is a 7.5 % return on cash purchase not including renting of garage or increase future rents. We also have the 2 family next door for sale, check it out, might be able to do a package deal.
Listing Agent: Joseph Martino Courtesy of: Joseph Martino Real Estate The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Updated: 8th February, 2023 4:16 AM (UTC)