3123 & 3125 E. CARLISLE AVE
Excellent Condition

Contiguous buildings, 3 Unit and 4 Unit must be sold concurrently. FNMA loans available for these well-maintained buildings. Rents are low, should be $40,260/YR.


Price:

$ 369,800    

Units:

7      

Sq Foot:

5,040      

Age:

1979      

Cost/Unit:

$ 52,828      

Cost/Sq Ft:

$ 73      


Unit Mix:
Number Bedrooms Baths
7 2 1

Gross Scheduled Income:

$ 36,900

Gross Rent Multipler:

10.0

Operating Expense:

$ 17,305

*Taxes:

$ 2,900

Net Operating Income:

$ 17,750

Capitalization Rate:

4.8

*Taxes are included in operating expense

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