Listed by Plum Tree Realty
$350,000
3636 Reading Road Apartment
Details
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 0.70%
NOI $25,886
Occupancy 100%
Class C
Year Built 1900
Year Renovated 2023
Buildings 1
Stories 3
Acreage 0.190
Zoning Multi Family
Investment Type Stabilized
Ground Lease No
Ownership Consumer
Fantastic opportunity to own this four unit apartment in the heart of Avondale.
Marketing description
Stabilized four family in the heart of Avondale! New windows, new electric, new plumbing, new flooring, new kitchens/bathrooms (2020), and new sewer line (2023)! Next to recreation center and on bus line! Unit mix: Two 1bdrm's ($825), One 2bdrm ($1,100), One 3bdrm ($1,325). Currently 75% occupied!
Investment highlights
Great Four Unit Investment!
On Bus Line!
Next To Neighborhood Recreation Center!
Renovations Completed!
Listing Contacts
Listed by Plum Tree Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,886.00
$2,157.17/mo
Valuation Metrics
0
DSCR
7.4%
Cap Rate
7.4%
ROI
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