Welcome to 1200 Florida Ave, a 4 unit apartment building with great cash flow and fully rented. All tenants have been there at least 2 years. This property is being offered at around an 11.5% cap rate. Gross monthly rent is $31,380 and yearly expenses total $10,608 (includes water/sewer/trash, gas/electric) for a total yearly net income of $20,772. Owner pays all utilities and tenant pays for cable/internet etc. Most of the units have been updated and are in good shape. There are 4 separate gas furnaces for tenants to regulate their own heat. All appliances belong to the landlord except fridge in one apartment. Call today to add this one to your rental portfolio.