Listed by Elite Commercial Realty
$1,800,000
8 Unit Warren, 7 Cap, Recently Renovated
Details
APN 130WATERSTWARN
Property Type Office, Land
Sub Type Traditional Office, Residential
Units 8
Cap Rate 7.18%
NOI $129,281
Tenancy Multi
Class B
Year Built 1900
Year Renovated 2025
Buildings 1
Stories 3
Lot Size (SqFt) 6,000
Zoning VB
Investment Type Owner/User
Office | 7.18% CAP
Marketing description
Legal 8-Unit multifamily in Warren with strong NOI and very low expenses. Newly renovated units, updated common area, new sprinkler system and a facade refresh in 2025. The property features separate utilities serving up to 10 units. Additional space on the top floor for expansion. Stable tenants and strong cashflow make this an easy turnkey investment.
Listing Contacts
Listed by Elite Commercial Realty
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$129,281.00
$10,773.42/mo
Valuation Metrics
0
DSCR
7.18%
Cap Rate
7.18%
ROI
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