Property ID : Hollins1713
For Sale $185,000.00 - Apartment Building, Townhouse
Totally gut-rehabbed, fully leased property for only $74 per square foot! This building is certified lead-free limited. Spacious rooms with modern amenities. Washer-dryer on the premises for the tenants to share. Separate heat pump with central air conditioning and separate water heater means the tenants pay all of their own utilities.
Located one block from Union Square Park.
$61,667 per unit
$74 per square foot
6.8 Times Gross Annual Rent (GRM)
7.9% Cap Rate
11.6% Cash-on-Cash Return on Investment (ROI)