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$ 440,000
Est. payment | /mo
2 Beds
2 Baths
3,924 SqFt
$ 440,000
Est. payment | /mo
2 Beds
2 Baths
3,924 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,924 sqft
Price per Sqft $112
Bedrooms 2
Year Built 1983
Lot Size 2.300 Acres
Property Description
4 Units
995 sqft per unit
Fully Occupied.
Income:$2,800/month.
Annual Gross Income: $33,600/year
Tenants pay all utilities.
Expenses:
Garbage Removal: $95/mo
Property Taxes: $1,600/yr
Insurance: $2,365/yr
Yard Service: $900/yr
Cable TV: $132/mo
Estimated Property Management: $3,360/yr
Annual Net Income: $28,508
Operating Expenses: $10,952/yr
Cap Rate: 5.15%
NOI: $22,648
Vacancy Rate 0%
All HVACS are less than 8 years old.
All Hot Water Heaters are less than 10 years old.
Roof is currently being replaced as we speak.
995 sqft per unit
Fully Occupied.
Income:$2,800/month.
Annual Gross Income: $33,600/year
Tenants pay all utilities.
Expenses:
Garbage Removal: $95/mo
Property Taxes: $1,600/yr
Insurance: $2,365/yr
Yard Service: $900/yr
Cable TV: $132/mo
Estimated Property Management: $3,360/yr
Annual Net Income: $28,508
Operating Expenses: $10,952/yr
Cap Rate: 5.15%
NOI: $22,648
Vacancy Rate 0%
All HVACS are less than 8 years old.
All Hot Water Heaters are less than 10 years old.
Roof is currently being replaced as we speak.
Location
State AL
County Madison
Listed by Kelli Meade
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com