Description
22 Basset is a 3 unit property in the Newhallville neighborhood walking distance to Albertus Magnus College. An amazing fully occupied investment opportunity with a 7+% CAP and room to grow! There is 1, 3 bed/1 bath unit rented for $1375 and 2, 2 bed/1 bath units rented for $1250 and $950 . Market rents for updated units in the area for 2 beds are $1400+ and 3 beds are $1650+. The property features separate and tenant paid utilities. There is a fenced in backyard and parking for 10 cars. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
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7BEDS
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0.14ACRES
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3BATHS
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01/2 BATHS
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3,221SQFT
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$121$/SQFT
School Information
Description
22 Basset is a 3 unit property in the Newhallville neighborhood walking distance to Albertus Magnus College. An amazing fully occupied investment opportunity with a 7+% CAP and room to grow! There is 1, 3 bed/1 bath unit rented for $1375 and 2, 2 bed/1 bath units rented for $1250 and $950 . Market rents for updated units in the area for 2 beds are $1400+ and 3 beds are $1650+. The property features separate and tenant paid utilities. There is a fenced in backyard and parking for 10 cars. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
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