For Sale

$999,900

HIGHLIGHTS:
  • Active
  • $14,639/month
  • 42 DOM
  • 2 Stories
  • 0 Beds
  • 7,680 SqFT
Description

Opportunity to acquire a recently stabilized, fully occupied 10-unit multifamily property offering immediate in-place cash flow and an established operating history. Following its recent stabilization, the property is generating approximately $122,800 in annualized rental income and approximately $75,600 in annualized NOl, based on January through July 2026 operations. Investment Highlights: Utility reimbursement upside: Ownership currently absorbs certain utility costs, including water, creating an opportunity for a new owner to implement a Ratio Utility Billing System (RUBS). 100% occupied.

Overview
  • MLS Number: 55200975
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 7,680 SqF
  • Land Size: 15,000 sqft
  • Year Built: 1973
Financial
Price:
$999,900
Price/SqFT:
$130.20
HOA Fee:
Tax Rate:
2.12522 %
Est. Monthly:
$14,639 *
Tax Amount:
$21,250
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Wood
    Countertop:
    Formica
    Heating:
    Central Gas
    Cooling:
    Central Electric
    Dishwasher:
    Yes
  • Roof:
    Composition
    Exterior Type:
    Brick
    Parking:
    Paved Area

Listed By:
Sarah Virani

Sarah Virani

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