Listed by DORE
$1,350,000
420 4th (-430 1/2) Ave SW
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 6,064
Units 8
Cap Rate 7.00%
NOI $102,566
Year Built 1910, 1900, 1935
Buildings 3
Acreage 0.300
Zoning MUR
Multifamily | 7.00% CAP | 8 Units
Marketing description
Unique package deal opportunity! 7% cap rate w/ 2024 net income exceeding 6 figures. Closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings.
SPECIAL OFFER: One year of complimentary property management included w/ full price offer or combo purchase with Station Street Apartments on 6th.
Listing Contacts
Listed by DORE
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,566.00
$8,547.17/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
