Listed by Realty Pros Commercial Division
$249,000
820 Narcissus Avenue
Details
APN 523718010200
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,852
Units 2
NOI $19,017
Year Built 1960
Acreage 0.220
Multifamily | 2 Units
Marketing description
Investment opportunity in Holly Hill! This well-maintained duplex is located on a quiet dead-end street surrounded by well-kept homes and features two fully occupied 1-bedroom, 1-bathroom units, providing immediate rental income. Each unit offers energy-efficient mini-split HVAC systems, and the roof was replaced in late 2023, reducing future maintenance concerns. Priced at $249,000, the property has projected long-term rental income of approximately $2,100 per month. Based on current operating assumptions, it offers an estimated annual net operating income (NOI) of $19,017 and an estimated 7.64 cap rate. This low-maintenance, income-producing property is an excellent opportunity for investors looking to expand their portfolio or enter the multifamily market with a stable, updated asset in a desirable Holly Hill location.
Listing Contacts
Listed by Realty Pros Commercial Division
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,017.00
$1,584.75/mo
Valuation Metrics
0
DSCR
7.64%
Cap Rate
7.64%
ROI
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