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Executive Summary
4 metered retail units on the 1st floor and 8 single rooms with no bathrooms in the room on the 2nd floor with 2 shared common bathrooms and a 1 bedroom 1 bath unit with living room and kitchen. Property is a hands on managed proud possession with a management office on site. Sale includes adjacent vacant lot to the west. Total lot size is 18,988 Sq. Ft. Two folio numbers 5042 34 01 2430 and 5042 34 01 2431. RENTS: R1-$1,400.00 R2-$750.00 R3-$750.00 R4- $750.00 R5- $750.00 R6-$750.00 R7-$750.00 R8-$750.00 R9-$750.00. Com 604-$900.00 Com 606-$900.00 Com 608-$900.00 Com-602 Owner Occupied.
Property Facts
| Price | $1,900,000 | Lot Size | 0.26 AC |
| Price Per Unit | $146,154 | Building Size | 8,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 13 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.56/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | C-2 - Current Zoning: Mixed Use Permitted Residential Units–Apartments *(Second Floor), Commercial Bays (1st Floor), Hotel (ALLOWED), Ample Parking. | ||
| Price | $1,900,000 |
| Price Per Unit | $146,154 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-2 - Current Zoning: Mixed Use Permitted Residential Units–Apartments *(Second Floor), Commercial Bays (1st Floor), Hotel (ALLOWED), Ample Parking. |
Amenities
Site Amenities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 13 | - | - |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 50-42-34-01-2430 | Improvements Assessment | $542,240 |
| Land Assessment | $108,500 | Total Assessment | $650,740 |
Property Taxes
Parcel Number
50-42-34-01-2430
Land Assessment
$108,500
Improvements Assessment
$542,240
Total Assessment
$650,740
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602-608 NW 1st St
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