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825 Nantasket Ave 6 Unit Apartment Building Offered at $1,195,000 at a 6% Cap Rate Hull, MA 02045
INVESTMENT HIGHLIGHTS
- 200 ft to bay with bay views
- CAN BE 6 CONDOS
- near center of town and T,
EXECUTIVE SUMMARY
CAN BECOME 6 INDEPENDENT CONDOS
Beautiful building in need of some TLC
currently fully rented, under fmv
Two 2brs
Four 1 bedrooms
200 ft from bay and 400 ft to ocean
Possible owner financing with 30% down
Beautiful building in need of some TLC
currently fully rented, under fmv
Two 2brs
Four 1 bedrooms
200 ft from bay and 400 ft to ocean
Possible owner financing with 30% down
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,195,000 | No. Units | 6 |
| Price Per Unit | $199,167 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 4,792 SF |
| Cap Rate | 6% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 3 |
| Gross Rent Multiplier | 10 | Year Built | 1900 |
| Price | $1,195,000 |
| Price Per Unit | $199,167 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10 |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 4,792 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
1 1
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
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STREET VIEW
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825 Nantasket Ave
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