Listed by Corcoran Commercial Real Estate
$785,000
524 Cross Street
Details
APN 0632378001
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,184
Units 6
Cap Rate 8.31%
NOI $65,248
Occupancy 100%
Price per SqFt $151
Year Built 1940
Year Renovated 2023
Buildings 1
Stories 2
Multifamily | 6 Units | $130,833/unit
Marketing description
For sale is a 6 unit apartment building. 2 of the units are rented as Airbnb's and bring in excellent income. All units are separately metered for electricity and have their own split unit HVAC. There is a garage providing parking and storage. 5 of 6 units were renovated in 2023. There is a new roof as of 2023.
Listing Contacts
Listed by Corcoran Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,248.00
$5,437.33/mo
Valuation Metrics
0
DSCR
8.31%
Cap Rate
8.31%
ROI
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