$799,800

Multi-Family · MLS® A2281768
1,264Sq Ft
6Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

INVESTOR ALERT / BLOCKS AWAY FROM FUTURE TRAIN STATION / OVERSIZED CORNER LOT / TRIPLEX / INNER CITY NW LOCATION / CASH FLOWING PROPERTY. This property has unbelievable potential! Built as a legal TRIPLEX (with 3 electric meters in common area) but currently an illegal 4 Plex with 4 self contained 1 bedroom suites, potential to be converted to a legal 4 plex. Each unit has their own kitchen, full bathroom, living room, large windows, storage, parking stall, access to...

03 / Details

PROPERTY DETAILS

Property TypeMFAM
Building TypeTriplex
Total Finished Area1,264 sq ft
Lot Size5,995 sq ft
ZoningM-C1
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Common • Off Street • Stall • Unpaved
ExteriorGARD • STOR
Basement{}
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,2203 units • After mortgage & expenses
Cap Rate7.7%Based on market rents
Cash on Cash Return9.2%With 20% down payment
Est. Monthly Rent$6,000Total for 3 units
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

TUXEDO PARK

Moderate Investment
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Investment Score68/100
Avg Home Price$955K
Active Listings59
Listed by Jason Haggins · Century 21 Bamber Realty LTD.