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EXECUTIVE SUMMARY
Great new price for this 5 unit brick apartment building brought in $3,290/month when fully occupied! 4/5 units occupied. All water heaters are 2021, New PEX plumbing, and updated windows! Tenants pay for their own electric, water, and trash. New individual water meters! All electrical mechanicals, no gas in building. Tenants are responsible for their own appliances, so there is no maintenance for the owner. Located right next to downtown hospitals, universities, and much more! Back on market because buyer could not secure financing.
PROPERTY FACTS
| Price | $269,900 | Building Class | C |
| Price Per Unit | $53,980 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,490 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1945 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $269,900 |
| Price Per Unit | $53,980 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,490 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | R72-06710-0024 | Improvements Assessment | $17,130 |
| Land Assessment | $11,030 | Total Assessment | $28,160 |
PROPERTY TAXES
Parcel Number
R72-06710-0024
Land Assessment
$11,030
Improvements Assessment
$17,130
Total Assessment
$28,160
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940 Old Orchard Ave
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