Listed by eXp Realty
$300,000
119 Vanburen
Details
APN 09-08-27-440-003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,060
Net Rentable (SqFt) 5,060
Units 6
Cap Rate 7.79%
NOI $23,370
Occupancy 100%
Price per SqFt $59
Class B
Year Renovated 2023, 2024
Buildings 2
Stories 2
Investment Type Stabilized
Occupancy Date 07/01/2025
Turn Key 6 Unit Apartment
Marketing description
6 unit apartment complex. Four units are two bedroom one bath and two units are one bed one bath. Gross rents are $5,165. 3 units and the common areas have been remodeled in the past year. Building comes with a garage with 6 parking spaces and two garage stalls. Coin operated laundry. Professional management can stay in place at 10% of gross revenue. Turn key complex that cash flows.
Investment highlights
-Professional management in place
-new renovations on common areas and 3 apartments
-coin opp laundry
-storage units in basement
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Listing Contacts
Listed by eXp Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$23,370.00
$1,947.50/mo
Valuation Metrics
0
DSCR
7.79%
Cap Rate
7.79%
ROI
Map
Zoning
I-2 IndustrialHeavy Industrial
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View all 112 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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