Listed by Lockard Realty
$312,500
2503 Olive St
Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 3,290
Net Rentable (SqFt) 3,298
Units 4
Cap Rate 0.93%
NOI $2,905
Broker Co-Op Yes
Class A
Year Built 1890
Year Renovated 2024
Buildings 1
Stories 2
Lot Size (SqFt) 5,561
Investment Type Stabilized
Occupancy Date 01/16/2026
Ownership almire LLC
Sale Condition For sale by owner
Prime Investment Property Near College Campus
Marketing description
Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to restaurants, coffee shops, campus, the UNI bookstore, and College Hill nightlife. This is a great property to add to your investment portfolio! Schedule a showing today.
Listing Contacts
Listed by Lockard Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,905.00
$242.08/mo
Valuation Metrics
0
DSCR
0.93%
Cap Rate
0.93%
ROI
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