Roby Realty
Listed by Roby Realty
$400,000
490 N Jay Street
Details
APN L39011640
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 4
NOI $33,360
Price per SqFt $216
Year Built 1963
Acreage 0.380
Multifamily | 4 Units
Marketing description
This low-maintenance, income-generating 4-unit building features four spacious 2-bedroom apartments, each with in-unit washer/dryer hookups. Currently fully occupied with mostly long-term tenants, the property's yearly net operating income is 33,360 Tenants are responsible for all utilities except trash.The building had a recent a full roof tear-off and replacement, along with newer gutters installed on the rear side. A new concrete parking pad was poured in 2022. Property is being sold in as-is condition—an excellent opportunity for investors looking to add a solid asset to their portfolio.
Listing Contacts
Roby Realty
Listed by Roby Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,360.08
$2,780.01/mo
Valuation Metrics
0
DSCR
8.34%
Cap Rate
8.34%
ROI
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