Listed by Alpha Realty Advisors (ARA)
$460,000
1706 N 25th St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,500
Units 5
Cap Rate 7.83%
NOI $36,000
Occupancy 100%
Year Renovated 2022
Buildings 1
Stories 3
Investment Type Value Add
Multifamily | 5 Units | $92,000/unit
Marketing description
Recently renovated and legally zoned, this 5-unit building consists of five well-maintained studio and one-bedroom units. Each unit has been updated within the past three years with new flooring, modern kitchens, and contemporary finishes. The property operates on electric-only systems—tenants are responsible for their own electric usage, while the owner covers water and common area electric. The roof was recently replaced, reducing future capital expenses. Currently generating $4,200 per month in rental income, this turnkey asset offers a low-maintenance investment opportunity with solid cash flow and strong rental demand.
Listing Contacts
Listed by Alpha Realty Advisors (ARA)
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo
Valuation Metrics
0
DSCR
7.83%
Cap Rate
7.83%
ROI
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