GREAT INVESTMENT OPPORTUNITY + 7% CAP RATE (rate of return) A very stable building w/ long term tenants. Recent major systems upgrades: All NEW Vinyl windows & forced air wall heaters, newer architectural roof & lifetime stucco sidings. Large 2br/1ba units: 975 sq-ft PLUS 300 sq-ft garage spaces each unit. Situated in a private culdesac of 5 other 4-plex privately owned buildings. A Rare offering & best building in complex; sits on its own w/ greenbelt & yard spaces. (No Sign) Must see!

• General Features
  • County Mason
  • Style 54-4-Plex
  • Number of Stories 2
  • Number of Units 4
  • Year Built 1977
  • Lot Details Corner Lot, Cul-de-sac, Paved Street
  • Lot Square Footage 9,256
  • County1 Mason
• Building Features
  • Approx SqFt 0
  • Roof Compostion
  • Exterior Stucco
  • Amenities Storage, Thermal Windows
  • Floor Covering Vinyl, Wall to Wall Carpet
• Financials
  • Total Monthly Income $3,705
  • Net Operating Income $31,557
  • Gross Scheduled Income $44,520
  • Gross Adjusted Income $43,184
  • Total Expenses $11,628
  • Other Expenses $1,581
  • Insurance Expenses $1,718
  • Expenses $11,628
  • Heating Expenses $0
  • Electrical Expenses $1,200
  • Gross Rent Multiplier 10
• Utilities and Taxes
  • Tax Year 2018
  • Tax Amount $3,889
  • Energy Source Electric
  • Heating and Cooling Wall
  • Water Company City Shelton
  • Sewer Company Sewer Connected
• Schools
  • School District Shelton