Comey & Shepherd
Listed by Comey & Shepherd
$290,000
Queen City Avenue
Details
APN 208-0060-0088-00
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
NOI $59,344
Year Built 1951
Acreage 0.098
Multifamily
Marketing description
Welcome to the multifamily of your dreams! This property has two HUGE 2-bedroom, 1- bath apartments each with a very spacious living room, dining room and kitchen with a large balcony off of unit #2. In the basement you will find the laundry room, storage and an extra bathroom for the tenants' convenience. Also located in the basement is a fully finished community space with a kitchenette and full bathroom and access to one of the two huge garages. Since buying this building, the owner has done nothing but upgrade the lives of those living within. This property is on a double corner lot and has a huge privacy fence so that the residents can park onsite instead of on the street if they wish. Don't miss out! Schedule a showing today!
Listing Contacts
Comey & Shepherd
Listed by Comey & Shepherd
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,344.00
$4,945.33/mo
Valuation Metrics
0
DSCR
20.46%
Cap Rate
20.46%
ROI
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