299 Harman
6 Family; 6 2 bedroom apartments; $128,931 annual income
Marketing description
This well-maintained 6-family investment property presents an excellent opportunity for investors seeking strong cash flow. Offering approximately 4,125 square feet of living space, the building features six spacious 2-bedroom apartments. The property currently generates a gross annual income of $128,931 with a net operating income of approximately $102,000, resulting in an attractive 6.86% cap rate at the full asking price. This is a solid addition to any investment portfolio with reliable income potential.
Investment highlights
This well-maintained 6-family investment property presents an excellent opportunity for investors seeking strong cash flow. Offering approximately 4,125 square feet of living space, the building features six spacious 2-bedroom apartments. The property currently generates a gross annual income of $128,931 with a net operating income of approximately $102,000, resulting in an attractive 6.86% cap rate at the full asking price. This is a solid addition to any investment portfolio with reliable income potential.
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