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618-277-4400

8 Unit Apartment Building

$250,000

Listing Resources

Listing Description

Multi-Family Investment

8 unit apartment building. Four two bedroom/one bathroom and four one bedroom/one bathroom. New decking/railing recently upgraded. 

Sale Price: $250,000

Listing Details

Listing No : 2757
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Lot Size (Acres) : 0.26 Acre(s)
Sale Price : $250,000
CAP Rate : 6.50%
GRM : 6.08
NOI : $16,243
Building Total Sqft : 5,608 Sqft
Total Sqft Available : 5,608 Sqft
Min Divisible Sqft : 5,608 Sqft
Max Contiguous Sqft : 5,608 Sqft
Parcel No : 08-07-0-415-001
Zoning : B-1 Multi-Family
Parking : 8 Spaces
Property Tax : $5,784
Tax Year : 2021
Year Built : 1968
Rehab Year : 1985
Roof : Shingle
Exterior : Brick
Floors : 2
Total Units : 8
Acres : 0.26 Acre(s)
Frontage : 60 ft
Depth : 188 ft
Gross Rental Income : $41,136
Insurance : $5,210
CAM : $8,069
Utilities : $2,888
Property Management : $2,642

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