9-11 Saint Marks Place

Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th-century beauty is sprawling with old-world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market value. This home is located in an ''Opportunity Zone'' - great for the ''1031-ers''! Your chance to own a home in the prestigious neighborhood of St. George is here. Invest now while this area is being developed, and you will be glad you did! Call for an appointment to take a tour today.