Danforth Elem.Elementary School
R. G. Central MiddleMiddle School
Riverview Gardens Sr. HighHigh School
GREAT CASH FLOW INVESTMENT OPPORTUNITY! - This recently renovated property is part of a 5 single family home investment package; includes 4 - 3bed/1bath and 1 - 2bed/1bath, 3 tenant-occupied and 2 vacant(seller can readily acquire tenant or leave vacant based on buyer preference) Fully rented, properties can generate $59,280 in gross annual rent with 11.89% CAP rate (rate includes annual 8% provision for property management and 5% for maintenance) All properties are within a 5-mile radius. All utilities are paid by tenants. All big-ticket items have been replaced or repaired and all appliances were replaced upon purchase in 2021. For complete details on this package, please see brochure located in the supplements. Included properties are as follows: 23008310 (11900 Lavida Ave), 23008316 (1241 Laredo Ave), 23008317 (10809 Spring Garden Dr), 23008319 (531 Chambers Rd)
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