Estimated Mortgage Payment: $9800.63/mo
Date Listed: Thu, Jun 20, 2019
Property Tax: N/A
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Property Description for 48 REGINALD ST
Well maintained two all brick 12-plexes featuring 24 bachelor units as well as a duplex with one 3 bedroom unit and two 1 bedroom units which are always fully rented with multiple applications received within a 24 hour posting period. Features: fridges and stoves included in all units, 17 units fully renovated, 4 units upgraded, a newer secured building-surveillance camera system(2016), newer state of the art on demand heating unit (2016), newer galvanized emergency stairs on both buildings (2017), ample paved parking spaces (20), newer coin operated laundry rooms (2017), newer shingles at 48 Reginald St(2017). Net operating income of $172,148.87 year with a cap rate of 7.84%. An outstanding financial investment with low maintenance required. For further details please contact listing agent.
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