628 & 630 Mendota
Multifamily | 10 Units | $92,990/unit
Marketing description
Discover an exceptional investment opportunity with this original woodwork, castle-style 10-unit apartment building, ideally positioned on a corner lot for maximum visibility and easy access. Its distinctive architectural charm and solid construction make it a standout property that attracts both long-term tenants and passersby.
Prime Location: Corner lot with easy access to city transportation and Highway 94 Excellent Visibility: Ideal for signage and strong street presence
Unit Mix:
1 spacious 2-bedroom unit
3 comfortable 1-bedroom units
6 efficient studio/efficiency units
Investment highlights
Listing Price: $989,900 | 7.8% Entry Cap Rate | $98,990/UnitParking: Shared 3 parking - no garageHeat: Electrical and boilerUtilities: Tenants pay separate electrical and gasRecent Improvement: Huge deck in the back that access the unitsYear built: 1880 | Style: 3 StoriesSq Ft: 7,776 | .11 acres on a corner lot
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