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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