Listed by RE/MAX Leading Edge
$159,900
2660 Glendale
Details
APN W10I003986S
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,700
Units 2
Cap Rate 8.78%
NOI $14,040
Occupancy 100%
Pro-Forma Cap Rate 10.73%
Pro-Forma NOI $17,160
Broker Co-Op Yes
Class C
Year Built 1924
Year Renovated 2021
Buildings 1
Stories 2
Acreage 0.100
Zoning Residential
Investment Type Stabilized
Ownership Privately Owned
Multifamily | 8.78% CAP | 2 Units
Marketing description
**INVESTORS** Add this cash-flowing 2-unit multi family to your rental portfolio today!
Each unit is rented for $900/month on month-to-month terms to tenants who have been in the property for 2+ years!
Each unit features an updated kitchen, updated bathroom, a large living room, a dining room, and 3 bedrooms!
The units also feature separate gas and electric meters, forced air heating, updated PEX & PVC plumbing, updated romex wiring & 100 amp electrical panels, refinished hardwood floor in parts of the units, vinyl windows, and so much more!
Cash, conventional, or hard money ONLY, NO SELLER FINANCING!
Listing Contacts
Listed by RE/MAX Leading Edge
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$14,040.00
$1,170.00/mo
Valuation Metrics
0
DSCR
8.78%
Cap Rate
8.78%
ROI
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