6320 Rising Sun Ave
About this property
Being sold as-is ONLY. Price DROP!!Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now. Lower level unit has 2 bedrooms with a full-bath and kitchen. First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well. Second Floor has 2 bedrooms, 1 kitchen (gas stove) and a full bathroom. Lower level has separate entrance. Main floor has one entrance that breaks off into 2 entrances at the foyer. Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net) Come check it out and put your money to work for you!
About this property
Being sold as-is ONLY. Price DROP!!Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now. Lower level unit has 2 bedrooms with a full-bath and kitchen. First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well. Second Floor has 2 bedrooms, 1 kitchen (gas stove) and a full bathroom. Lower level has separate entrance. Main floor has one entrance that breaks off into 2 entrances at the foyer. Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net) Come check it out and put your money to work for you!
Features and Additional Information
Presented By Taylor Properties Office
Want to See More Listings in the Area?
Brokerage: Realty Mark Associates
