Description
Turnkey residential portfolio consisting of 17 properties, 33 units, offered at a 11.65% cap rate! 298k gross income, 169k NOI annually. See attached pro forma. Reach out to Joe for detailed spreadsheet or additional info. Properties are a mix of Single Family, Two Family, and Three Family houses. (5)- 1 bedroom units, (19)- 2 bedroom units, and (9)- 3 bedroom units. Many upgrades throughout portfolio over the last 3-4 years- roofs, mechanicals, make readies as units turned over. CofO's in progress for following addresses: 8 Morgan St, 135 Spencer St, 139-141 Spencer St, 29 Kingston St, 311 Chili Ave, and 481 Wilkins St. All utilities separated throughout all buildings. MUST be sold as a package.
Location
Courtesy of: Key Property Ventures, LLC All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Greater Rochester Association of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2022 GENRIS. All rights reserved Updated: 19th August, 2022 8:27 AM (UTC)
