Rare multi-family site with additional land to add more units. Total of 40 townhomes fully rented with an annual NOI of 492K. Zoned RM2 and currently underutilized. $540,000 worth of capital improvements are underway with full renovation of 4 units. Offered for sale at 4.5% cap rate. Call for more information. (id:47423)
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Detailed Information
Listing Contract Date
2024-03-06
Municipal ID
007-933-282
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1972
Cooling Type
See Remarks
Heating Type
See remarks
Stories Total
3
Type
Multi-Family
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Other
Land
Total Size
3.1 acres
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
3.1
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