Listed by KW Classic Properties Realty
$260,000
585-587 S Burgess Avenue
Details
APN 010-068321
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $23,800
Price per SqFt $111
Year Built 1926
Acreage 0.110
Multifamily | 2 Units
Marketing description
Fully rented duplex offering immediate cash flow opportunity. Both sides are leased through early 2027, providing stable, reliable income from day one. Each unit has been remodeled in recent years, allowing an investor to step into a well-maintained property without the need for major updates. Strong rental demand in the area combined with long-term tenants makes this an attractive addition to any portfolio.
Listing Contacts
Listed by KW Classic Properties Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$23,800.00
$1,983.33/mo
Valuation Metrics
0
DSCR
9.15%
Cap Rate
9.15%
ROI
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Tax History
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