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INVESTMENT HIGHLIGHTS
- excellent condition
- strong upside
EXECUTIVE SUMMARY
4 + family in excellent condition. Rebuilt in 2001 Updated kitchens, baths and heating unit. NO LEASES 4 units are 3 bedroom one bath living room and eat in kitchen. Strong upside for rental increases, additional parking, laundry etc.. Price based on conservative proforma. Must be able to show proof of funds and/or prequalification.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,285,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $321,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 8.11% | Building Size | 7,951 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1909/2001 |
| Property Subtype | Apartment | ||
| Zoning | multi family | ||
| Price | $1,285,000 |
| Price Per Unit | $321,250 |
| Sale Type | Investment |
| Cap Rate | 8.11% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 7,951 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1909/2001 |
| Zoning | multi family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 1800-002-000-02438-000-0048 | Total Assessment | $16,500 (2024) |
| Land Assessment | $3,300 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $13,200 (2024) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
1800-002-000-02438-000-0048
Land Assessment
$3,300 (2024)
Improvements Assessment
$13,200 (2024)
Total Assessment
$16,500 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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