Listed by Crye-Leike, Inc., REALTORS
$380,000
1515 Madison Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,166
Units 5
Occupancy 60%
Price per SqFt $120
Year Built 1956
Buildings 2
Stories 2
Multifamily | 5 Units | $76,000/unit
Marketing description
Location! Location! Location! Mins from Midtown and Downtown. DON'T DISTURB TENANTS! This 5 unit complex is a great rental with gated parking. The main building includes 4 units and over the garage is another unit. The complex includes an on site laundry facility. There were updates to the complex in 2017 and 2019 which included a new roof, HVAC, and some units have updated flooring and appliances. Rents & Leases are: Unit #1- $950 lease ends 7/31/26, Unit #2- $1,025 lease ends 7/31/26, Unit #3- $750 lease ends 3/28/27, and Units #4 & 5 are currently vacant. No wholesalers, assignments, or creative financing.
Listing Contacts
Listed by Crye-Leike, Inc., REALTORS
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