9-Unit 8.85% Cap Rate Investment Portfolio Including 9-11 Ela Court and 38-40 Lafayette Street. Producing an 8.85% Cap Rate with strong rental history. Consisting of 1-4 unit building. The single family, Duplex and Triplex buildings offer a great opportunity for condo conversion. Great location walking distance to town. Almost all of the units 8/9 have been recently renovated. Monthly income of approximately $15,125.00. Bonus 4 Bay Garage offers the opportunity for another stream of rental income.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,799,900 | $227 | KW Coastal and Lakes & Mountains Realty |
Elementary School William Allen School | 0.1 miles away | KG - 05 | |
Elementary School Maple Street School | 0.3 miles away | KG - 04 | |
Elementary School Mcclelland School | 0.6 miles away | KG - 05 |