Listed by Brad Anderson Real Estate Inc
$445,000
Multifamily Investment 21620 Glaze Rd, Veneta
Details
Property Type Multifamily
Square Footage 2,007
Cap Rate 6.00%
NOI $29,475
Tenancy Multi
Pro-Forma Cap Rate 6.00%
Pro-Forma NOI $100
Class B
Year Built 1964
Year Renovated 2026
Buildings 2
Acreage 0.720
Zoning RR5
Investment Type Value Add
Sale Condition N/A
Multifamily | 6.00% CAP
Marketing description
Investment opportunity featuring two homes on one lot in Noti. The first is a move-in ready 3 bed/1.5 bath 1267sf home with 2-car garage, patio, garden boxes and yard. The second is a 2bed/1bath 740sf home that offers excellent value-add potential. The property sits on .72 acres with shared well and separate septics.
Investment highlights
- Move in ready 3 bed/1.5 bath 1267sf home with 2-car garage, patio, garden boxes and yard
- Second 2bed/1bath 740sf home that offers excellent value-add potential
- .72 acres with shared well and separate septics
Listing Contacts
Listed by Brad Anderson Real Estate Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,475.00
$2,456.25/mo
Valuation Metrics
0
DSCR
6.62%
Cap Rate
6.62%
ROI
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