Two houses on one lot, great for an investor, both homes are rented. Offered for $204,900.00
****** JUST REDUCED TO $194,000.00 ******
New price and an increase in the rent has bumped up the cap rate to approx 7.5
These homes cash flow and are in great condition, seller has had no problem keeping them rented. Back home has long term tenant and they are due for a rent increase so it will be even better for an investor.
Also a great opertunity to live in the front home with over $500 a month from the back home to help cover the mortgage.
The property has mixed use zoning many potential uses. Check it out :-)
Front house is a 3 bedroom 1 bathroom home
Back house is a 1 bedroom 1 bath.
Rental history available.
Extensive updating done, to much to list, call the Agent for details, 720-771-8964
MLS Metro #490248 Ires # 522920 24hr notice for showings please.