Niko International Brokerage
Listed by Niko International Brokerage
$998,000
BRICK THREE FAMILY HOUSE with garage
Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 2,940
Units 3
Cap Rate 9.00%
NOI $97,200
Occupancy 100%
Price per SqFt $4,792
Class B
Year Built 1963
Year Renovated 2022
Stories 2
Lot Size (SqFt) 4,792
Parking Spaces 2 spaces
Investment Type Owner/User
Occupancy Date 01/01/2025
Sale Condition For sale by owner
Multifamily | 7.65% CAP | 3 Units
Marketing description
This is a three-family house on a corner lot, three bedrooms over three bedrooms, two bathrooms with a dining room on each level,
a front porch, ground level studio in the back of the house with a private entrance, a garage, side of the house is a garden
and in the rear garden, the garage with a wash and dryer is currently vacant. Free market rent for each unit is $3500 with heat.
taxes$9000 and water& sewer $1500 annually…
Investment highlights
This is an excellent owner-occupied or investment property. 6 bedrooms and four bathrooms and ground level
studio in the rear of the house, front garage and laundry room beautiful garden on the side of the property, and rear
The size of lot is 50-100..the ground level can be converted to commercial space. doctor office
Listing Contacts
Niko International Brokerage
Listed by Niko International Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,200.00
$8,100.00/mo
Valuation Metrics
0
DSCR
9.74%
Cap Rate
9.74%
ROI
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