2078 East 56th Street

Attention investor! 5%+ CAP RATE! Welcome to this amazing HIGH RENTAL INCOME $6,900/month two family property with 6/6/3 set up right across Kings Plaza prime residential area. House is all bricks 22ft x 50ft and total combined square footage of the house is 3,300 sq/ft. 1ST FLOOR - 1 bedroom apartment with back yard $1,700/month. 2ND FLOOR - 3 bedrooms 1.5 bath with parking $2,700/month. 3RD FLOOR - 3 bedrooms 1.5 bath with parking $2,500/month. Huge drive in garage use as storage now plus 2 carports in front of the house. House is going to SELL WITH ALL TENANTS with all excellent paying history and record and none of them miss any payment. Total of $82,800/year rental income, $2,000/year water usage, 3,000/year gas & heat usage, $1,200 insurance, property tax $7,913/yard. Net income $68,000+/year which over 5% CAP RATE. 30% down payment and tenants pay all your mortgage! ALL PICTURE TAKEN BEFORE TENANT MOVE IN. Still excellent condition and full renovated from 6 months to 2 years. Call us for more details and your private showing,