Listed by Green Bridge Real Estate
$849,000
Euclid Hastings
Details
APN 673-11-007
Property Type Multifamily
Sub Type Apartment Building
Square Footage 34,332
Net Rentable (SqFt) 34,332
Units 51
Pro-Forma Cap Rate 35.68%
Pro-Forma NOI $302,940
Price per SqFt $25
Class C
Year Built 1927
Stories 4
Acreage 0.343
Zoning 4080 - APTS 40+ U
Investment Type Value Add
Multifamily | 51 Units | $16,647/unit
Marketing description
Green Bridge Real Estate is pleased to present the Euclid Hastings Apartment Building. A 51 unit multifamily building , 50 - 1 bed units and 1 - 2 bed unit. Currently a clean shell, that is ready to rehab. Proforma GI of $504,900, with an estimated monthly income of $42,075. Proforma NOI of $302,940 which would be a 23.32% cap rate on the asking price of $1,299,000.
Please call or email Jason Griffith to schedule your tour today!
Investment highlights
Fantastic Value Add Opportunity!
High Demand for 1 bed room rentals in the area
Easy access to public transit
Listing Contacts
Listed by Green Bridge Real Estate
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Zoning
U3-A2-H3 CommercialRetail CommercialRetail
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View all 33 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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