
Seller's Agent in 2018
Jeanette Politano
Coldwell Banker Realty
4 in this area
38 Total Sales
Earn nearly $50,000 per year, after expenses on this 6 UNIT, multi-family. BRICK building is a great investment opportunity with a cap rate of 8.79% at CURRENT asking price. Rents are low for this area. Units feature, 1 Large Bedroom, Large LR/DR, Kitchen and Full Bath w/several closets. 6 SEPARATE meters in meter room, owner/property manager/maintenance room in rear of building. All units are in good condition, most updated within last 2 years. Potential gross income of $79,200 annually. Local market pricing on 3 room, 1 BR units on the same street, lease for $1100 per month, which could produce a CAP rate of 11.3% if you turn over tenants. Roof done in 2008 (Just 9 yrs ago), parking lot for 8 cars. ONE Vacancy on first floor space. That unit now has new carpeting and is ready to lease out. Great property for an owner occupant who wants to live rent free by collecting rent to cover all expenses with $$ left over! PLEASE ONLY SEND FULL OFFERS OF AT OR ABOVE FULL ASKING PRICE. MY CLIENT HAS AUTHORIZED ME TO SELL THIS PROPERTY FOR THIS PRICE ONLY. ANY LOWER OFFERS WILL NOT BE ACCEPTED. PLEASE DO NOT WASTE YOUR TIME OR MINE PRESENTING ANY OFFER BELOW CURRENT REDUCED FINAL ASKING PRICE OF $552,500.
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Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/01/2018 06/01/18 | Sold | $552,500 | 0.0% | $123 / Sq Ft |
02/15/2018 02/15/18 | Pending | -- | -- | -- |
12/21/2017 12/21/17 | Price Changed | $552,500 | -0.1% | $123 / Sq Ft |
11/02/2017 11/02/17 | For Sale | $552,800 | +0.1% | $123 / Sq Ft |
10/31/2017 10/31/17 | Off Market | $552,500 | -- | -- |
09/13/2017 09/13/17 | Price Changed | $552,800 | -3.9% | $123 / Sq Ft |
07/17/2017 07/17/17 | For Sale | $575,000 | -- | $128 / Sq Ft |
Seller's Agent in 2018
Jeanette Politano
Coldwell Banker Realty
4 in this area
38 Total Sales
Buyer's Agent in 2018
Gaetano Marra
BHGRE Gaetano Marra Homes
(203) 763-9026
7 in this area
138 Total Sales
Source: SmartMLS
MLS Number: 99193902