11429 S King Drive

 

Roseland

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Description

Great opportunity for the new or seasoned investor to acquire this 6-unit income-generating property. This property offers solid cash flow, has upward potential of 14% cap rate, and an upward potential of cash on cash return of 32%. The property has a new back porch (1-year old). The adjacent parking lot with separate PIN, 5 parking spaces, and a 2.5-car garage can generate additional income. Professionally managed. Being sold as-is. Four of the 6 units are currently leased. Perfect for the owner-occupant situation! Showings by appointment only. The property won't last long, schedule a showing today!
Listing Courtesy of pip realty group



Amenities

Essentials

MLS #: 12017135
Area: Roseland
Price: $449,900
 
Location: 11429 S King Drive
Property Type: Apartment
Bedrooms: Studio
Taxes: $4,008
Pet Policy: Unknown
 

Amenities

 
 

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MLS Logo Provided Courtesy of pip realty group
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
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