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618-277-4400

Multi-Family Investment Opportunity

$225,000

Listing Resources

Listing Description

Multi-Family Investment

Fully Occupied 4 Unit Apartment Investment Offering. Unit Interiors Recently Renovated.

Great proximity to Main Retail Corridor and Access to Major Roadways.

Individually Metered – Tenants pay all utilities

Sale Price: $225,000

Listing Details

Settings
Listing No : 2572
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Building Size (Sqft) : 3,000 Sqft
Lot Size (Acres) : 0.17 Acre(s)
Sale Price : $225,000
Sale Price Per Sqft : $75
CAP Rate : 9%
NOI : $20,332
Parcel No : 08170321004
Zoning : R2
Zoning By : County
Property Tax : $3,547.98
Tax Year : 2021
Year Built : 1985
Rehab Year : 2021
Roof : Shingle
Exterior : Wood/Vinyl
Floors : 2
Total Units : 4
Gross Rental Income : $30,000
Insurance : $1,800
CAM : $2,820
Property Management : $1,500

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