10% Gross Cap Rate. Great investment opportunity if you are looking for a multifamily property! Three of the four units are leased with year leases, the other is month to month (for the past six years) grossing $3,750 per month in rent. Owner pays utilities, which are estimated at $625/month. The two downstairs units, have recently had mini-splits installed for comfort year round! Ask the listing agent or your agent for a list of recent improvements. Start acquiring wealth with this property today!