Neighborhood: Castle Point Unit 2, Riverview Gardens
Property Taxes: $851
Tax Year: 2021
Investors, this one's for you! Solid brick home with 2-beds, 1-bath, and eat-in kitchen, window A/C, off-street parking, and newly updated stack. Interior photos are not available; we'll see it together! Tenant-occupied (2-3 years), so no showings without an accepted contract (contingent on viewing, of course). Rent is $960. Taxes, insurance, sewer, maintenance, and management expenses total $4607. That's an NOI of $6912, making it a 10.02% cap rate at asking price. Also available from the same seller are MLS #s 22072886, 22072894, 22072875, 22072868.
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