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618-277-4400

Fully Occupied Multi-Family Investment

$537,600

Listing Resources

Listing Description

Multi-Family Investment

Fully Occupied Multi-Family Investment Property. (2) 4 Family Buildings – 2 Bed/1 Bath Units. Each Unit is Approximately 1,000 SF and is equipped with Laundry. Utilities passed through Tenants. Built in 2001.

Sale Price: $537,600
NOI: $43,008
CAP Rate: 8%

Listing Details

Settings
Listing No : 318
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Building Size (Sqft) : 8,000 Sqft
Lot Size (Acres) : 0.63 Acre(s)
Sale Price : $537,600
CAP Rate : 8%
GRM : 8.75
NOI : $43,008
Parcel No : 22-2-20-10-03-303-041
Zoning : Multi-Family
Zoning By : Granite City
Parking : 16
Parking Surface Type : Concrete
Property Tax : $13,727.76
Tax Year : 2019
Year Built : 2001
Style : Wood Frame
Roof : Shingle
Exterior : Vinyl
Total Units : 8
Gross Rental Income : $61,440
Insurance : $2,352
CAM : $1,753
Utilities : $600

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