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INVESTMENT HIGHLIGHTS
- This Remodeled and updated 4 plex is ready for immediate move ins. You do not have to spend months remodeling. Has central air & even a bonus office
- Off street parking, walk to restaurants, elementary and all schools. Even the movie theater is only a few blocks away.
EXECUTIVE SUMMARY
Wow! $100K price savings! Sick of looking at multi out dated units that need so much TLC the numbers just do not work or you do not have the time to deal with the headaches of remodeling. Come look at that easy to show 4 plex within a short walking distance to restaurants, movie theater, bus stop, elementary school and less than a mile to middle and high school. Each unit has a washer and dryer and updated kitchens and bathrooms! Some units have brand new luxury laminate flooring. One unit has an office area with a full bathroom and lots of storage. So many options. Newer roof and newer furnaces and A/C units. Save money by collecting rent without having to spend months on renovations. One of the Best price per square foot out there especially in its great updated remodeled condition.
PROPERTY FACTS
| Price | $899,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $224,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 7.81% | Building Size | 4,019 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1923/2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $899,000 |
| Price Per Unit | $224,750 |
| Sale Type | Investment |
| Cap Rate | 7.81% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,019 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1923/2024 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,000 | - |
| 1+1 | 1 | $2,000 | - |
1 1
Walk Score®
Very Walkable (76)
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310 S 2nd Ave
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