6320 Rising Sun Ave

Highlights:

• Days on Market: 71
• Heating: Hot Water

Description:

Being sold as-is ONLY. Price DROP!!
Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now.
Lower level unit has 2 bedrooms with a full-bath and kitchen.
First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well.
Second Floor has 2 bedrooms, 1 kitchen (gas stove) and a full bathroom.
Lower level has separate entrance. Main floor has one entrance that breaks off into 2 entrances at the foyer.

Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net)

Come check it out and put your money to work for you!