Fantastic investment opportunity! A 5-unit multifamily property, fully rented, priced below market value, offering the new owner a 15% upside on rent. Located in a high-density neighborhood with strong rental demand. Each unit has bright, spacious rooms. Plenty of parking available. The property includes 2 units with 2 beds/1 bath, 2 units with 1 bed/1 bath, and 1 rented garage. Income: $84,300, expenses: $31,700, cap rate: 5.2%, net revenue: $52,591.
don’t miss this opportunity!
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Eric Amsallem • Beachfront Realty Inc • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$100/ft²
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Unit 605 S J St – Asking
$327/ft²
(-9%) from Closed Medium $/ft²
Closed Medium $/ft²
$360/ft²
Community $/Price Range (Closed) $191/ft² – $656/ft²
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