Listed by Keller Williams Preferred Realty
$595,000
8624 S Maryland Avenue
Details
APN 20353140330000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,952
Units 5
NOI $15,000
Price per SqFt $151
Year Built 1959
Buildings 1
Stories 2
Acreage 0.070
Zoning MULTI
Ground Lease No
Multifamily | 5 Units
Marketing description
Exceptional investment opportunity! This well-maintained 6 unit multi-family property offers a total of 10 bedrooms and 6 bathrooms, making it ideal for both long term and short term rental strategies. Each unit features its own kitchen, living room, and dining area, offering comfortable, fully independent living spaces for tenants or guests. The property is equipped with a 24 hour security surveillance system for added peace of mind. Exterior amenities include six dedicated parking spaces for residents and guests. Two units are currently leased, providing immediate, stable income. Three units are operating as active Airbnb rentals, with one unit already secured for 160 rental days. One additional unfinished unit needing rennovations presents an opportunity for updates and added value.
Investment highlights
6 Units, 2 units leased, 1 unit short term rented through Airbnb
Listing Contacts
Listed by Keller Williams Preferred Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,000.00
$1,250.00/mo
Valuation Metrics
0
DSCR
2.52%
Cap Rate
2.52%
ROI
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