Sherry Pruitt Real Estate
Listed by Sherry Pruitt Real Estate
$280,000
415 2nd Ave. SE Hamilton AL 35570
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,000
Units 4
Cap Rate 13.29%
NOI $37,200
Occupancy 100%
Price per SqFt $93
Year Built 1980
Year Renovated 2022
Buildings 1
Stories 2
Acreage 0.800
Multifamily | 4 Units | $70,000/unit
Marketing description
This fully renovated 4-plex is an investor’s goldmine.
Here’s what makes this property special: All 4 units are rented out. Each units features 2-bedroom, 1-bath with open floor plans. Complete renovations: new HVAC, electrical, plumbing, flooring, updated kitchens, bathrooms, and 4-year-old shingle roof. Each unit comes fully equipped: washer, dryer, stove, refrigerator. This is turnkey income production at its finest with maximum cash flow potential. All units are currently rented with a total monthly income of $3,100.
Listing Contacts
Sherry Pruitt Real Estate
Listed by Sherry Pruitt Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,200.00
$3,100.00/mo
Valuation Metrics
0
DSCR
13.29%
Cap Rate
13.29%
ROI
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