Description
Excellent corner location at Castor ave in Oxford Circle, a fully rented investment rental property is ready to show you. This building has three units, first floor is current operating as spa and salon with total rent of $3200/month, tenant pay 70% of tax, water, and utilities. Leading to the large stair way is the 2nd floor, with 2 bedrooms and rent of $1150 per month. To the front entrance to the up stair is a beautiful newly renovated modern kitchen, 2 bedrooms, hardwood floor and full bathroom with central A/C , getting rent of $1150 per month. Both units pay their own electric, gas and water usage of $50 per month. There are 3 parking spaces and with bonus, a two-car garage not attached to the building can be rent out as additional income. Landlord pay 30% of real estate taxes and insurances. What a Great investment with cap rate of 6.7% in Awesome location, what are you waiting for, make an appointment Today. Convenient and close to transportation. Easy to show.
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0BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
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2,926SQFT
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$340$/SQFT
Description
Excellent corner location at Castor ave in Oxford Circle, a fully rented investment rental property is ready to show you. This building has three units, first floor is current operating as spa and salon with total rent of $3200/month, tenant pay 70% of tax, water, and utilities. Leading to the large stair way is the 2nd floor, with 2 bedrooms and rent of $1150 per month. To the front entrance to the up stair is a beautiful newly renovated modern kitchen, 2 bedrooms, hardwood floor and full bathroom with central A/C , getting rent of $1150 per month. Both units pay their own electric, gas and water usage of $50 per month. There are 3 parking spaces and with bonus, a two-car garage not attached to the building can be rent out as additional income. Landlord pay 30% of real estate taxes and insurances. What a Great investment with cap rate of 6.7% in Awesome location, what are you waiting for, make an appointment Today. Convenient and close to transportation. Easy to show.
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