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Listed by List
$250,000
247 Midland Avenue
Details
APN 010-055215
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $1,762
Price per SqFt $122
Year Built 1920
Acreage 0.120
Multifamily | 2 Units
Marketing description
Attention Investors & House Hackers!
This spacious 7-bedroom duplex at 247-249 Midland is a prime investment opportunity, generating over $1.200/month in rental income off only one unit. The other unit is currently vacant.
247 Midland: A single-story 2BR, 1BA unit with a front entrance.
249 Midland: A three-level 5BR, 1BA unit with a side entrance, a full basement, and move-in-ready condition for you or your tenants.
Both units feature brand-new kitchens, bathrooms, and fresh paint! The property offers ample off-street parking and is conveniently located just minutes from I-70 & SR-315.
Situated in a tax abatement zone, this duplex can also be converted into a single-family home. Buy it now and secure your ideal tenants!
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,762.00
$146.83/mo
Valuation Metrics
0
DSCR
0.7%
Cap Rate
0.7%
ROI
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