Inner City Riverfront Comunity located on Private Property Cul-de-Sac. Cap Rate is calculated on gross rental potentialof $3550 per month per unit. Water and Sewer utilities are included in the Common Area Fess. Property Taxes for all 4 Townhomes: $953/month. All new GEM recycled rubber shingles installed summer 2021.
Op Costs for all 4 Townhomes: $2608/month (includes all maintenance, reserve fund, property insurance, water and sewer)
Each Townhome has 3 bedrooms, 2.5 baths, heated attached garage, balcony and/or fenced private backyard.
Option to be sold as individual Townhomes with variable pricing starting at $ 799,000, 1-4 Townhome grouping or as a corporation owning 100% of all 4 Townhomes