Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
1,648
Ready to go 2-unit apartment building plus garage. This property has long term tenants in place with an annual income of $26,100 with room for improvement. Expenses are minimal since tenant pays for their own heat. Insurance $1,100, water/sewer $720 yearly, trash $680 yearly. This unit cash flows at a 9.3% cap rate with a debt coverage at 1.39% with typical 25% down.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
1648.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Other
-
Parking
Garage, Attached
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.09
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$220,000
-
Tax Amount
1696.0
-
Sq. Footage
1, 648
-
Price/SqFt
$133
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LEBANON
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Gordon , Manor West Realty
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