Listed by Alpine Companies
$760,000
3505 S Hawthorne Ave
Details
APN 26368
Property Type Multifamily
Sub Type Eight Plex
Square Footage 3,552
Units 8
NOI $54,569
Occupancy 95%
Tenancy Multi
Price per SqFt $214
Year Built 1973
Lot Size (SqFt) 20,638
Parking Spaces 8 spaces
Parking Per SqFt 2.25
Investment Type Stabilized
Sale Condition For sale by owner
Multifamily | 8 Units
Marketing description
Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth. Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking. Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns. A solid addition to any investment portfolio with dependable cash flow and value-add potential. Don't miss your chance to own this income-producing multifamily property—schedule your showing or request financial details today!
Investment highlights
- Turnkey investment opportunity! This fully leased 8-plex offers a strong rental history with upside potential through future rent growth.
- Designed for consistent occupancy, the property features coin-operated laundry for added income, detached garages, through-the-wall A/C units, boiler heat, and ample on-site parking.
- Utility reimbursement fees and a Ratio Utility Billing System (RUBS) are already in place, helping offset utility expenses and maximize returns.
- A solid addition to any investment portfolio with dependable cash flow and value-add potential.
Listing Contacts
Listed by Alpine Companies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,569.40
$4,547.45/mo
Valuation Metrics
0
DSCR
7.18%
Cap Rate
7.18%
ROI
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