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October 27, 2014
New property listed in Town of Vermilion
Categories:Town of Vermilion Real Estate
I have listed a new property at 4810 52ND AVENUE in Town of Vermilion.
Finally a chance to take advantage of Vermilions tight rental market! Why not consolidate a couple of rental houses into investing in a multi family structure like this! Numbers show a +$26,533 annual revenue last year. All utilities including basic cable and internet are included in the rents. 1 Bedrooms (which there are three of) range from $600-$700 while the 3 bedroom rents for $1,300. Financials available upon request. As most of town, this building is 100% occupied. TURN KEY REVENUE. Calculates to a 10.6% CAP rate, where else will you find that return?