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Executive Summary
Fully occupied five-unit income property in a quiet, sleepy neighborhood with consistent rental demand. Immediate cash flow in place with clear value-add potential through strategic updates and rent growth. Strong occupancy, stable location, and upside built in — secure income today and grow equity tomorrow.
Property Facts
| Price | $565,000 | Building Class | C |
| Price Per Unit | $113,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,814 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 0.52/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | H1 - Residential | ||
| Price | $565,000 |
| Price Per Unit | $113,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,814 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 0.52/1,000 SF |
| Zoning | H1 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 20-29-22-42-0133 | Improvements Assessment | $480,600 |
| Land Assessment | $100,000 | Total Assessment | $580,600 |
Property Taxes
Parcel Number
20-29-22-42-0133
Land Assessment
$100,000
Improvements Assessment
$480,600
Total Assessment
$580,600
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644 Sherwood Ave
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