Listed by Reafco
$238,900
1249-1251 E 15th Avenue
Details
APN 010-033792
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $2,435
Occupancy 100%
Price per SqFt $104
Year Built 1923
Acreage 0.090
Parking Spaces 4 spaces
Multifamily | 2 Units
Marketing description
Turnkey duplex with 3bd/1ba per a side - one side rented $1,135/mo (long term tenant) and other side vacant. Recently remodeled ~2 years ago with new roof, kitchens, baths, flooring, fixtures, and paint. This turnkey duplex is ready for your portfolio. Market rents are $1,300/mo+ per a side, plenty of room for upside. Property currently professionally managed with local management and are open to staying in place for turnkey transition. Photos are of the current left vacant unit, and occupied right unit before the tenants moved in. Left unit vacant and can be toured, other tenant occupied side can be toured during inspections with accepted offer.
Listing Contacts
Listed by Reafco
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,435.00
$202.92/mo
Valuation Metrics
0
DSCR
1.02%
Cap Rate
1.02%
ROI
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