Property Description:
We are selling our assignable contract for this 100% Occupied-15 Unit Apartment + 2 Bedroom House located in Springfield Twp. (Clarkston)
Annual Gross (Projected): $103,200
Annual Net Income: $82,500
Cap Rate: 21% (est)
12 Units Rent for $500/mo
3 Units Rent for $600/mo
2 Bedroom House Rents for $800/mo
Property selling As-Is. According to Seller has a low turnover.
Please send offers with POF to ronpayscash@gmail.com. $5000 conditionally refundable EMD. (Will refund if we cannot provide marketable title or seller defaults.) Buyer to pay all closing costs minus any mortgages, unpaid taxes or liens. *NO LAND CONTRACTS* Please do your own due diligence. We close at Legacy Title.