144-176 Reager St
Multifamily | 6.20% CAP | 9 Units
Marketing description
Investors-Heads up! Don't miss out! Rural setting in the city with 2 separate parcels totaling 2.32 acres- Total of 9 units. 1.06 acres, 8 units comprised of one triplex, two duplexes and a single wide manufactured home, totaling 4456 square feet. Interiors of multiplex units have No carpeting, all flooring is hardwood, laminate or vinyl. Additionally, this offering includes a separate, adjacent 1.26-acre parcel with sweet well-kept, single level home with 2 car garage and shop. Huge yard! Many upgrades to the home including newer heating, siding, roof and more. Tons of room for expansion on these large parcels. Zoning is SFR 00. Possible high potential for additional development, check with the city. Good numbers and good tenants. Well managed by owner.
Investment highlights
Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
Flooring: Hardwood, Laminate, Vinyl
Windows: Double Pane Windows, Vinyl Frames, Wood Frames
Basement: None
Has fireplace: No
Common walls with other units/homes: 1 Common Wall,2+ Common Walls
Total structure area: 5,966
Total interior livable area: 5,966 sqft
Parking features: Attached, Driveway, Other
Has attached garage: Yes
Has uncovered spaces: Yes
Levels: One
Stories: 1
Exterior features: RV Dump
Has view: Yes
View description: Neighborhood, Territorial
Additional structures: Shed(s), Storage, Workshop
Additional parcels included: 10451483
Parcel number: 10430309
Zoning description: SFR-00
Special conditions: Standard
Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family, Manufactured Home
Frame
Foundation: Concrete Perimeter
Roof: Composition, Membrane
New construction: No
Year built: 1942
Price per square foot: $277/sqft
Annual tax amount: $8,163
Date on market: 10/11/2024
Listing terms: Cash, Conventional
Inclusions: All appliances
Exclusions: Tenant Property
Road surface type: Paved
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