Property Type: Duplex
SqFt: 2952 Lot Size: 6803.20
Year Built: 1910
Beds: 6 Baths: 3.0
Cross Streets: Reynolds Street & Ford Street
Rented : $750/mo (x2) = $1500/mo (x12) = $18,000/yr
Gross Cap Rate = 28%
Nearby neighborhoods: B.E.S.T, Genesee-Jefferson, Plymouth-Exchange, Charles House Area Council, Corn Hill, Brown Square and Dutchtown.
343-347 Tremont St Picture Link Here
(*———————Note – Cost to Buyer———————-*)
Demo Invoice from previously existing property: $29,214.00
Back Taxes (City & County) : $18,395.21 + 3,027.09 = $21,422.3
Water Bill: $501.92
High Grass fine: $52.00
Closing cost (Est.) : $2500.00
Total : $53,691.22