Listed by Town & Shore Real Estate
$895,000
6-Unit Investment Opportunity
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,060
Units 6
NOI $89,901
Year Built 1910
Buildings 1
Acreage 0.150
Zoning R2
Excellent Cash Flow
Marketing description
Large 6-Unit building in excellent location. This property offers excellent cash flow, and may modern updates including metal roof, replacement windows, newer furnace, flooring, and other cosmetics. Nice corner lot with 5 parking spaces. Expansion possibilities to spacious 3rd floor. Property recently went through professional lead abatement in all living spaces.
Listing Contacts
Listed by Town & Shore Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,901.00
$7,491.75/mo
Valuation Metrics
0
DSCR
10.04%
Cap Rate
10.04%
ROI
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Property History
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