Listed by Stone House Properties, LLC
$1,347,500
14 Highland Ave.
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,608
Net Rentable (SqFt) 8,608
Units 8
NOI $99,943
Occupancy 100%
Class A
Year Built 2008
Buildings 1
Stories 2
Acreage 0.400
Zoning Residential
Investment Type Stabilized
Ownership Sunrise Property Ownership, LLC
Excellent 8-Unit Investment Opportunity-5 minute walk to the Lake.
Marketing description
Excellent 8-Unit Investment Opportunity-5 minute walk to the Lake! Clean, well-maintained multifamily property featuring 8 total units with separate utilities. Each unit includes central A/C. Property offers private, dedicated parking for tenants. Prime location—just minutes from major hospitals, large employers, shopping, and public transit. High-demand rental area with strong occupancy history. Ideal for investors seeking turnkey income with upside potential. Great long-term hold in a desirable neighborhood.
Investment highlights
Walk to lake
Well maintained-great condition
Desirable Neighborhood
Private, dedicated parking
Listing Contacts
Listed by Stone House Properties, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,943.00
$8,328.58/mo
Valuation Metrics
0
DSCR
7.42%
Cap Rate
7.42%
ROI
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