Red 1 Realty
Listed by Red 1 Realty
$649,900
1563 Greenway Avenue
Details
APN 010-011712
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 3
NOI $46,800
Price per SqFt $324
Year Built 2025
Acreage 0.090
Parking Spaces 3 spaces
Multifamily | 3 Units
Marketing description
2025 new build triplex. Perfect for owner occupant to occupy one unit and rent out the other 2 to cover the mortgage. Each unit features 2 beds and 1 bath with an open floorplan. Finishes include quartz countertops, stainless steel appliances, vinyl flooring, and a private entrance for each unit. This triplex has been designed for maximum efficiency with optimal layout but compact design. Each unit has its own assigned parking space and separate entrance and area. Target rentals for this unit are $1800 per unit. Agent is part owner. Builder is pink development and construction. Urban multifamily new construction is nonexistent. This will sell prior to being completed. Delivery is expected in January 2025.
Listing Contacts
Red 1 Realty
Listed by Red 1 Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,800.00
$3,900.00/mo
Valuation Metrics
0
DSCR
7.2%
Cap Rate
7.2%
ROI
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Tax History
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