16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000.
Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing.
OM available in the transaction desk.
This is for 435 and 439 W 9th St.
3,040 Sq Ft
5,270.76 Sq Ft Lot Size
apartment
Built in 1925
MLS/Listing ID 21318003
16 Units
Water Heater
Heating - Other
Slab
Laminate
Cooling - Other
Construction - Brick
Construction - Vinyl Siding
Dishwasher
Electric Oven
Refrigerator
Shingle
Composition
Parking - Common
Parking - No Garage
Parking - On Street
Parking - Parking Lot
Parking - Parking Pad
Parking - Paved
Lot - Corner Lot
Eat-in Kitchen
Granite Countertops
Kitchen Island
Multiple Staircases
Open Floor Plan
Walk-in Closets
TOTAL MONTHLY COST
$0
$0
$0