8 units consisting of (7) 2 bed / 1 bath and (1) 1 bath/ 1bath. Below market rents w/significant upside. 1 unit was recently renovated. Property is professionally managed allowing for hassle-free ownership if buyer desires to retain management. Current 5.3 cap rate based on actual data. Ideal for investors seeking appreciate and higher ROI. Prime location with strong rental demand. Located less than one block east of North Salem High School and close to Parrish Middle School. Do not disturb the residents
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $1,250,000 | $180 | SMI REAL ESTATE | |
Price Changed | $1,250,000 -3.85% | $180 | SMI REAL ESTATE | |
Listed For Sale | $1,300,000 | $187 | SMI REAL ESTATE |
High School North Salem High School | 0.2 miles away | 08 - 12 | |
Middle School Parrish Middle School | 0.2 miles away | 05 - 08 | |
Elementary School Englewood Elementary School | 0.4 miles away | KG - 05 |