Photo 1 of 55
$570,000
Sold on 3/06/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$877 |
1940 |
On the market:
121 days
|
View full details, 15 photos, school info, and price history
Townhome like apartments with large PRIVATE YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $5028, $60,336 yearly. 11.5% Gross cap, 100% occupied. Tenant paid utilities on RUBS!! Just remodeled. New HVAC, new electrical panel, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. Awesome unit mix of 1, 3 bed x2 bath, 1, 3 bed x 1 bath, 2, 2bed x 1 bath. This area is hot and transitioning in the Art District of Roosevelt. Hurry will not last with this strong of cashflow. Could add solar and reduce bills even more or charge for storage. Pet fees are quite low as well. P.S. the tenants love having there own private yards. Happy tenant mix.
Listing courtesy of James Yancey, Gentry Real Estate