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Investment Highlights
- 5 units occupied on a month-to-month lease at below-market rent
- Survey available
Executive Summary
The property features a newly installed metal roof and a freshly constructed fence surrounding the property. Prime location with high visibility and endless potential. Strategically located on Nebraska Avenue near Hillsborough (major intersection), less than a mile from Highway I-275. Zoned SH-Commercial Intensive with Future Land Use CC-35. Currently 2 structures on the lot with a total of 5 residential units & an office, plus a storage shed. 1st building has 2 efficiency units, small RETAIL/OFFICE space with 1 bathroom facing Nebraska/ rear residential 4 bedrooms, 3 bathrooms. 2nd building is a duplex 1/1 on the ground unit and an efficiency unit on the top floor. Centrally located, close to Urgent Care, Walmart, and restaurants. Endless income possibilities here.
Property Facts
| Price | $1,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $220,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| No. Units | 5 | Building Size | 3,437 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Zoning | SH-CI - Commercial Intensive | ||
| Price | $1,100,000 |
| Price Per Unit | $220,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,437 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | SH-CI - Commercial Intensive |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Yard
- Deck
- Dining Room
- Office
- Porch
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 4+1 | 1 | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | A-01-29-18-4FY-000004-00004.3 | Improvements Assessment | $244,124 |
| Land Assessment | $160,380 | Total Assessment | $404,504 |
Property Taxes
Parcel Number
A-01-29-18-4FY-000004-00004.3
Land Assessment
$160,380
Improvements Assessment
$244,124
Total Assessment
$404,504
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5210 N Nebraska Ave
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