Listed by Kristina Moore Properties
$1,549,000
411 N Chester
Details
APN 6178002039
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,909
Units 8
NOI $99,567
Price per SqFt $271
Year Built 1947
Buildings 1
Stories 2
Acreage 0.263
Zoning Assessor
Parking Spaces 16 spaces
Parking Per SqFt 2.71
Multifamily | 8 Units
Marketing description
8 unit apartment building offering investors the opportunity to acquire an asset with a strong tenant base in a strong rental market. The property was built in 1947 and features six -1 bedroom + 1 bathroom units and two -2 bedroom + 1 bathroom units, encompassing a gross rentable area of 5,909 SQ. Ft. The property is situated on an oversized lot and surrounded by single family homes. The courtyard style building features copper plumbing, on-site laundry room brings in additional income every single month of about $250!! TONS OF PARKING!! 8 covered carport parking spaces plus an additional 8 tandem spaces! 16 parking spaces, 2 per unit is a huge value add when renting. Hurry this property will not last long!
Listing Contacts
Listed by Kristina Moore Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,567.00
$8,297.25/mo
Valuation Metrics
0
DSCR
6.43%
Cap Rate
6.43%
ROI
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