Listed by Reafco
$399,000
1109-1111 Franklin Avenue
Details
APN 038863-00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $46,800
Price per SqFt $130
Year Built 1893
Year Renovated 2025
Acreage 0.060
Multifamily | 2 Units
Marketing description
Freshly renovated turnkey duplex across from new builds and future development sites. This 5bd/2ba and 2bd/1ba duplex has fully updated units with granite counters and stainless appliances. Currently vacant & perfect for house hackers or investors looking for a great investment in a great rapidly growing neighborhood. Less than a mile from Franklin Park and Trolley Barn East Market development. Market rents are $2,500+/mo for 5bd/2ba and $1,400+/mo for 2bd/1ba units. Quiet intersection street for ample street parking. Tour this while you can!
Listing Contacts
Listed by Reafco
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,800.00
$3,900.00/mo
Valuation Metrics
0
DSCR
11.73%
Cap Rate
11.73%
ROI
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