Price adjustment to $1,750,000, brand new paint!
The return at the new price is now better than 6% on actual income and expenses.
7 units 5 parking spaces
Cash cow in super convenient area. Where else will you find a 5.81% cap rate so close to downtown? 2 buildings, upgraded interiors, 4 new kitchens, new electrical panel and 220v grinder system. Back building (hollow tile and wood) has 3 twos and 1 one with separate electrical meters. Front building is one meter with 2 threes and 1 two.