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Munger Place Flats

Property Details: 10 Units, 7,064 square feet
  • Purchased in 2015 for $63,500 per unit
  • Building was completely renovated after purchase
  • Gross Rental income increased from $101,496 annually to $147,720
  • Building operating at a 9.15% CAP based on original purchase price and rehab budget
  • Prime Munger Hill Location