5928-30 Victor Street | Lakewood

$495,000

1/7

 

2 bed | 1 bath | 1,300 SQFT     $1,450/mo   

3 bed | 2 bath | 1,700 SQFT     $1,650/mo

Year Built: 1930

Parking: covered, detached

Flooring: wood, carpet & tile

Heating/Cooling: window unit

Construction: brick

Foundation:  pier & beam

Roof: composition

Exterior Features:  covered porch(es), balcony

Gross Income: $37,200

Gross Expenses: $17,000

Net Income: $20,700

Gross Income Multiplier: 13.31

Cap Rate: 4.18%

Great buy on a classic duplex near Woodrow Wilson HS featuring 2 bed, 1 bath upper and 3 bed, 2 bath lower. Nestled on a quiet street, the property is currently leased out at $1450.00 and $1650.00. Hardwood floors, window units and space heaters, roof in 2013, 4 car carport, landscaped and washer & dryer connections or stackable included. Professionally managed by CMRE Inc for the last 6 years, this property remains full , and still has a lot of upside at this price.

2 bed | 1 bath unit

Living Room: 16 X 13
Kitchen: 9 X 9
Master Bedroom: 24 X 13
3 bed | 2 bath
Living Room: 16 X 13
Kitchen: 9 X 9 
Master Bedroom: 24 X 13