Listed by McGinnis Commercial Real Estate
$400,000
40 S BRADFORD PROPERTY
Details
APN ED05-05701-01-0600-0001
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,156
Net Rentable (SqFt) 2,156
Units 2
Cap Rate 5.30%
NOI $21,237
Occupancy 100%
Pro-Forma NOI $21,237
Price per SqFt $186
Class C
Year Renovated 2008
Buildings 1
Stories 3
Lot Size (SqFt) 3,448
Zoning RG1
Investment Type Stabilized
Occupancy Date 08/01/2025
Ownership FEE SIMPLE
Multifamily | 2 Units | $200,000/unit
Marketing description
The property is the south half of the duplex, and was subdivided into two residential rental units. One unit is first floor, and second unit is second and third floors. Central water and sewer and separate electric and gas. Ideal location near linkage routes, and Downtown Business District.
Investment highlights
Fully remodeled building
Separate utilities meters
Long Rental History
Listing Contacts
Listed by McGinnis Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,237.00
$1,769.75/mo
Valuation Metrics
0
DSCR
5.31%
Cap Rate
5.31%
ROI
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