Century 21 Universal
Listed by Century 21 Universal
$998,000
6044 N Mozart Street
Details
APN 13011290480000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Units 5
Cap Rate 5.14%
NOI $51,327
Year Built 1949
Stories 3
Acreage 0.190
Zoning MULTI
Multifamily | 5.14% CAP | 5 Units
Marketing description
Exceptional Investment Opportunity - Legal 5-Unit Building on an Extra-Wide Lot! Don't miss this rare opportunity to own a legal 5-unit apartment building situated on an oversized 66' x 124' lot in the highly desirable West Ridge neighborhood, just steps from Mather Park and Mather High School. All five apartments are located above grade, providing bright and comfortable living spaces. The building also features a rear addition currently used as a coin-operated laundry room and storage area, offering potential to be converted into an additional unit or other income-producing space (subject to zoning and municipal approval). The expansive lot includes a 2-car garage, 4 additional exterior parking spaces, and a large backyard with plenty of room to add more parking for additional rental income (subject to municipal approval) or create a beautiful outdoor gathering area and garden. Unit Mix: Three east-side units featuring 2 bedrooms + den and 1.5 bathrooms, andTwo west-side units featuring 2 bedrooms and 1.5 bathrooms. Building Features & Updates: Unit 1W features forced-air HVAC. The remaining units are heated by a well-maintained radiator system with window air conditioning units.Six updated electrical panels. Newer Weil-McLain boiler. Two gas meters: one dedicated to Unit 1W and one serving the common areas/building. Utilities: Tenant in Unit 1W pays their own gas and electric. Tenants in the remaining units pay their own electricity for lighting and electric cooking, while heat is provided by the building. The property has been well maintained by the current owner and is occupied by long-term tenants with below-market rents, presenting an outstanding value-add opportunity. A new owner can renovate the units over time, increase rents to market levels, and significantly improve cash flow and long-term returns. Whether you're looking to expand your investment portfolio or acquire a stable, income-producing property with tremendous upside, this West Ridge multifamily building is an opportunity you won't want to miss!
Listing Contacts
Century 21 Universal
Listed by Century 21 Universal
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,327.00
$4,277.25/mo
Valuation Metrics
0
DSCR
5.14%
Cap Rate
5.14%
ROI
Map
Zoning
RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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View all 49 uses
View all 49 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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