Description
Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.
$325,000
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0BEDS
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0.13ACRES
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1BATHS
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01/2 BATHS
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2,250SQFT
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$144$/SQFT
School Ratings & Info
Description
Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.
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Courtesy of Mike Kalil of Watson Realty & Associates: .