2405 N. CINCINNATI ST.
Twins With Upside

Easy to rent price range for this great North-side 4-Plex. Roof is newer and condition of units is superior. Notice carports and fenced yard. Upside in rents. To sell concurrent with twin at 211 N. Cincinnati.


Price:

$ 239,900    

Units:

4      

Sq Foot:

3,772      

Age:

1976      

Cost/Unit:

$ 59,975      

Cost/Sq Ft:

$ 63      


Unit Mix:
Number Bedrooms Baths
4 2 1

Gross Scheduled Income:

$ 24,540

Gross Rent Multipler:

9.8

Operating Expense:

$ 8,885

*Taxes:

$ 1,938

Net Operating Income:

$ 15,655

Capitalization Rate:

6.52

*Taxes are included in operating expense

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