Keller Williams Infinity
Keller Williams Infinity
Listed by Keller Williams Infinity
$589,000
227 N First Street
Details
APN 1203427001
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 5
NOI $34,645
Year Built 1896
Stories 2
Lot Size (SqFt) 12,984
Zoning OTHER
Multifamily | 5 Units
Marketing description
Great Opportunity for Victorian Style 5 flat building located 2 blocks from downtown Geneva, 1 block from River Path, SE corner of 1st and Ford. This vintage home has been well maintained and is currently completely occupied. The legal description of the lot is "Lots 8 & 9 (except the south 60 feet) in BLK 19 of the original town of Geneva". Two story home with off street parking. 5 total residences, studio, one bedroom and two bedroom units. Frame construction with charming front porch curb appeal. Next door is upscale condo development and NE corner of Ford & 1st has new residential building. Sold-ASIS. HOME IS OCCUPIED, PLEASE DO NOT DO MORE THAN DRIVE BY. DO NOT WALK THE PROPERTY OR PARK IN THE DRIVEWAY.
Listing Contacts
Keller Williams Infinity
Keller Williams Infinity
Listed by Keller Williams Infinity
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,645.00
$2,887.08/mo
Valuation Metrics
0
DSCR
5.88%
Cap Rate
5.88%
ROI
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