Size: 3,528 ft2 / 328 m2
Price: $446 ft2 / $4,805 m2
Built: 1954
MLS Number: A11469018
On Site: 330 Days
Updated: 99 Days ago
Page Views: 0
This is a 8 unit a prime opportunity: 8 one-bedroom, one-bath apartments in overtown. Units boast a strategic location and robust income potential. Maintained as-is or developed further, they are conveniently situated next to a substantial new construction project. A recent 40 yr inspection passed (report attached) prospective buyers could potentially assume the existing loan or a purchase money mortgage. With rents currently below market rates (allowing room for increased capitalization), these apartments are strong income generators. Refer to the attached rent roll (excluding one recently leased at $1350) each unit features separate water and electric meters, as well as wall-mounted ac units, ensuring tenant independence. New roof (2022), meters and electrical serv (2023) add to value.
Features
Exterior and Lot Features
Price History
$446 ft2 / $4,805 m2
Price Per
$454 ft2 / $4,882 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Humberto Rego • New World Realty Group Inc • Buyer Agency Compensation .
Instant Comparative Market Analysis
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.