Listed by Metro Group Real Estate
$980,200
Pleasant Av-6
Details
APN 34-029-24-21-0093
Property Type Multifamily
Sub Type Apartment Building
Square Footage 13,174
Units 6
Beds 16
Cap Rate 6.95%
NOI $68,118
Occupancy 100%
Tenancy Single
Price per SqFt $74
Class C
Year Built 1911
Buildings 1
Stories 2
Acreage 0.252
Zoning UN2 / Urban Neighborhd Dist
Investment Type Stabilized
Multifamily | 6.95% CAP | 6 Units
Marketing description
2205 Pleasant Avenue/215 West 22nd Street is a 6-unit apartment building consisting of four 3-bedroom units and two 2-Bedroom units on the top floor. Historic apartments near the Wedge and Whittier neighborhoods. This property features large living room and dining spaces, ample closets for storage, and covered communal porches and balconies to enjoy the seasons. This property is also close to the bus line. The apartments differ and can feature ceiling fans, hardwood floors, updated kitchen cabinetry, large pantry space, dishwashers, or fireplaces. Newer roofs, modern boilers, newer hot water heaters and updated electric.
Investment highlights
- 6-Units; 16-Bedrooms
- 100% Occupied
- Many Updates
- Very Clean Building
- New Roof
Listing Contacts
Listed by Metro Group Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,118.00
$5,676.50/mo
Valuation Metrics
0
DSCR
6.95%
Cap Rate
6.95%
ROI
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