Listed by One Key Realty
$275,000
408 Henry Butts Drive
Details
APN 5339-80-04-0080
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 1,414
Units 2
Year Built 1927
Acreage 0.220
Multifamily | 2 Units
Marketing description
use a $1650 a month calculation piti $2000/month all in lawn mgt piti
$3250/month-$1925/month = $1325/net income
$15,900/20 percent dp $55k 29 percent cash on cash rate of return. 6000yr expenses
17.8 percent cap rate
Brand new appliances w warranty, brand new roof w warranty
Back unit is leased at $1750/month. Working on renting out the front unit.
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Listed by One Key Realty
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