2 unit investment property. Apt 1 Fully rented through May 2024. Apt 2 fully rented through May 2025. gross income = $46, 200/year (Apt1 $2, 655/month Apt2 $1, 200/month) and 13.27% Cap Rate . expenses = $9, 050.40.Land and School Taxes = $4, 330.40.Insurance = $1, 500.Heat/Electric = $2, 000 (downstairs apt included only). Garbage = $500. Water/Sewer = $ 720. net operating income = $37, 149.60.Short term baseball rental area allowed and potential income of$36, 000additional income! Potential Gross of $80k+/year! Fully renovated duplex in 2021 offers 3 bedrooms / 2 full baths in Apt. 1 and 3 bedrooms / 1.5 baths in Apartment 2. Amenities include ample parking in the back, large deck, laundry in each unit, wood…
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