311 e live oak street

This wonderful older home has been split up into six different units. It brings in a monthly income of $4190. There are 3 studio apartments, 2 one bedroom apartments, and 1 two bedroom apartment. All the apartments have their own bathroom, stove, fridge, AC and heat window units. The yearly income is $50,280. The yearly expenses are $23,446. Net operating income is $26,834. The owner does pay all the utilities. The meters are limited and not split up between tenants. After a letter of intent is accepted by the sellers —showings can be set up of the units. There will be no showings prior to this. Due to the fact we do not want to disturb the tenants.