Description
12 unit residential building. This property has 4- one bedroom units and 8- studio units. 9 of the 12 units are occupied and are on month to month leases. Potential cap rate is over 11.5%. This property is on 2 parcels of land with 2 tax IDS: 1139 Chester Pike (tax ID # 38-01-00302-00) and 346 Hollis Ave (tax ID # 38-01-00301-00). Buyer to confirm all tax information and square footage for both parcels. Separate gas and electrical meters for all units. Tenants pay cooking gas and electric. Owner pays heat and water. Please see attached profit and expense breakdown.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
12 unit residential building. This property has 4- one bedroom units and 8- studio units. 9 of the 12 units are occupied and are on month to month leases. Potential cap rate is over 11.5%. This property is on 2 parcels of land with 2 tax IDS: 1139 Chester Pike (tax ID # 38-01-00302-00) and 346 Hollis Ave (tax ID # 38-01-00301-00). Buyer to confirm all tax information and square footage for both parcels. Separate gas and electrical meters for all units. Tenants pay cooking gas and electric. Owner pays heat and water. Please see attached profit and expense breakdown.
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