141 Youngfox Road, Blind River
- Added: 130 days ago
- Updated: 125 days ago
- Last Checked: 21 hours ago
Who else wants to be a millionaire? When was the last time you could take advantage of buying a property with creative financing! Better yet, are you already a cash millionaire! This one property with a realistic potential cap rate of 10% and possibly higher may be your ticket to a financial windfall and a wealthy retirement. You do the math: Twelve two bedroom approx. 875 square foot units at $1,350 each per month and the tenants pay utilities gives you $194,400 income per year. At a very low and realistic net income of $138,240 times a cap rate of 10% makes this property worth $1,382,400. With properties today selling at 5% cap rates, this one property all by itself could be worth $2,764,800. Doesn’t that make you a millionaire? For a more detailed information package contact Listing Agent. (id:1945)
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Property DetailsKey information about 141 Youngfox Road
- Cooling: None
- Heating: Electric
- Stories: 2
- Year Built: 1978
- Structure Type: Multi-Family
- Exterior Features: Brick, Stucco
Interior FeaturesDiscover the interior design and amenities
- Flooring: Other
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 141 Youngfox Road
- Parking Features: Other
- Lot Size Dimensions: 165.98 ft x 152.73 ft x 169.11 ft x 152.39 ft
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
Tax & Legal InformationGet tax and legal details applicable to 141 Youngfox Road
- Tax Year: 2023
- Zoning Description: RES
Additional FeaturesExplore extra features and benefits
- Number Of Units Total: 12
Room Dimensions
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Nearby Listings Stat
Active listings
22
Min Price
$25,000
Max Price
$1,800,000
Avg Price
$477,845
Days on Market
118 days
Sold listings
4
Min Sold Price
$25,000
Max Sold Price
$450,000
Avg Sold Price
$225,975
Days until Sold
44 days