GREAT INVESTMENT OPPORTUNITY LOCATED A SHORT DISTANCE FROM FREMONT STREET AND DIRECTLY ACROSS THE STREET FROM A METRO SUBSTATION. THIS MULTI-UNIT PROPERTY FEATURES 4 UNITS, EACH OFFERING 2 BEDROOMS & 1 BATH. AMPLE PARKING AVAILABLE.
TWO UNITS ARE CURRENTLY OCCUPIED AT $900 PER MONTH—PROVIDING IMMEDIATE UPSIDE POTENTIAL. CURRENT MONTHLY RENT COLLECTED IS $1,800. MARKET RENT POTENTIAL IS $900 PER UNIT, FOR A TOTAL OF $3,600 PER MONTH WHEN FULLY OCCUPIED. ANNUAL GROSS POTENTIAL RENT IS $43,200.
Courtesy of Richard J. Brenkus with Keller Williams MarketPlace.
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