Keller Williams Advisors
Listed by Keller Williams Advisors Realty, Keller Williams Advisors
$195,000
7401 Forest Avenue
Details
APN 593-0005-0017-00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,320
Units 2
Cap Rate 10.42%
NOI $20,311
Pro-Forma Cap Rate 10.42%
Pro-Forma NOI $20,311
Price per SqFt $84
Broker Co-Op False
Year Built 1959
Buildings 2
Stories 2
Acreage 0.386
Zoning Two Family Dwelling
Parking Spaces 6 spaces
Parking per 1,000 SqFt 2.59
Investment Type Owner/User
Ownership Individual
Multifamily | 2 Units | $97,500/unit
Marketing description
Amazing value-add investment opportunity in Mt Healthy! Solid brick two family with full shared basement & detached two car garage on a lovely wooded lot. Both units are 2 bedroom 1 bath with separate entrances & porches, with plenty of driveway parking available. Owner-occupied; rents are estimated & subject to some improvements by YOU! Perfect fit for handy investors willing to bring this property back to its former glory & reap the income generation to come. New water heaters, original windows & doors, older roof & HVAC. Priced below county assessed value...bring an offer! Sold AS-IS.
Investment highlights
- Property condition overview available upon request
- One unit can be rent-ready with minimal effort
Listing Contacts
Keller Williams Advisors
Listed by Keller Williams Advisors Realty, Keller Williams Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,311.00
$1,692.58/mo
Valuation Metrics
0
DSCR
10.42%
Cap Rate
10.42%
ROI
Map
Zoning
B ResidentialSingle FamilyLow Density Residential
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View all 183 uses
View all 183 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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