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Investment Highlights
- 9+% CAP
- 100% Occupied
- Renovated Units
Executive Summary
Excellent opportunity to acquire a cash-flowing 6-unit brick building! This 7,702 SF three-story property consists of all 2-bedroom, 1-bath units, several of which have been renovated with updated kitchens, modern bathrooms, and new flooring. Separate, tenant-paid utilities enhance income potential. Additional features include off-street parking. A solid investment with strong cash flow and value-add upside.
Property Facts
| Price | $599,999 | Apartment Style | Low-Rise |
| Price Per Unit | $100,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 9.11% | Building Size | 7,702 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | Parking Ratio | 1.17/1,000 SF |
| Zoning | Multi-family | ||
| Price | $599,999 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 9.11% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,702 SF |
| No. Stories | 3 |
| Year Built | 1928 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | Multi-family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 850 |
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | HTFD-000220-000226-000086 | Improvements Assessment | $218,120 |
| Land Assessment | $26,320 | Total Assessment | $244,440 |
Property Taxes
Parcel Number
HTFD-000220-000226-000086
Land Assessment
$26,320
Improvements Assessment
$218,120
Total Assessment
$244,440
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410 Garden St
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