Thomas Fortin & Company LLC.
Listed by Thomas Fortin & Company LLC.
$270,000
1298 S James Road
Details
APN 010-105274
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $12,960
Price per SqFt $115
Year Built 1956
Acreage 0.170
Multifamily | 2 Units
Marketing description
One side has 3 Bedrooms , 1 Baths. the other side has 2 Bedrooms and 1 bath. Recently Painted. New Vinyl Tile. Electric Panel upgrade. Newer HW tank. Gas Furnace. Washer Dryer Hook ups Low maintenance exterior. These are long term rentals. Long term Owner . Generally below average condition. Selling in as-is condition
Address Current Rent Lease Ends
1298 $755 3/31/25
1300 $795 6/30/24 now month to month
Tenants pay gas and electric. Owner pays water
Rents are Very low compared to market
Contingent curb side offerings only. Thanks!
Listing Contacts
Thomas Fortin & Company LLC.
Listed by Thomas Fortin & Company LLC.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$12,960.00
$1,080.00/mo
Valuation Metrics
0
DSCR
4.8%
Cap Rate
4.8%
ROI
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