Remarks

Fantastic opportunity to purchase a cash-flowing portfolio of 14 single family homes. Offered at $975,000 - with gross annual rents of $211,400 (this includes a potential ~$16,000 from one vacant property), and annual expenses of $80,113 - this investment package yields a cap rate of 12.48%!! Properties included: 265 Chili Ave; 27 Electric Ave; 161 Cady St; 68 Potomac St; 65 Hoff St; 56 Hoff St; 91 DelMonte St; 15 Gerling Pl; 4 DeJonge St; 109 Jackson St; 309 Augustine St; 385 Hague St; 468 Tremont St; 60 Treyer St. Taxes and assessments listed are *total* for all 14 properties.

Details

MLS#: R1591724
Price: $975,000

Style: Other
Sq Ft: 2170
Year Built: 1902

County: Monroe
Subdivision: Garfield & Strassenburgh
Lot Size: 52X144
Tax Fee: 35472

School District: Rochester