$250,000
416 Shonnard St
Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 13.50%
Multifamily | 3 Units | $83,333/unit
Marketing description
Stabilized 3 unit multifamily property renting for 1650 per unit.
This asset is well-suited for investors seeking immediate yield, stable income, and long-term upside in a proven rental market. Current rents are in line with local demand, and the property is operating without reliance on aggressive assumptions or future rent growth.
Ideal for buy-and-hold investors, 1031 exchange buyers, or operators looking for a strong cash-flowing asset in an affordable Northeast market.
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