Description
This is a Multi-Family property the Fourplex located in East Hollywood East of US-1. It offers great potential as an investment or someone looking for additional income. The property consists of 4 one bedroom/one bath and 2 of the units have been completely remodeled and 1 of the unit been partly remodeled with tile flooring and new appliances. The units are on 4 separate meters and an additional house meter. 4 assigned parking a laundry room and a storage room. Great property in a very good location. GROSS INCOM:$69,420 ADDITIONAL INCOME FROM COIN OPERATED LAUNDRY. TOTAL EXPENSES $17,320. NET OPERATING INCOME $52,100. GREAT INCOME!!! 7% CAP