Description: Little Havana 2 Story Residential Income Property. Ungraded 2 Units each is 2/1 with washer and dryer for each unit. Unit #1 Rented at $1,000 section 8 lease expires in September 2017. Unit # 2 - Rented at $1,100 expires in July 2017.Tenants pay for all utilities. ACTUAL CAP RATE: 6.24% PRO-FORMA CAP: 8.83%. MARKET Rents are now $1,400+ per month. Expenses $4,901. In front of Riverside Elementary. ZONING TR-4.
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