MULTI-FAMILY

Multi-Family for Sale
Catylist Listing ID: 29713176
Number of Units: 12 Units
Building Size (RSF): 8,140 SF
Gross Land Area: 0.34 Acres
Sale Price: $299,900
Unit Price: $24,991.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2017

Overview / Comments

10 - 1 BR, 2 - 2 BR UNITS. OWNER PAYS HEAT. New rubber roof in 2007.
Income: $5,250.00/Mo = $63000.00
Expenses:
Water & Sewer: $6,197.60
Garbage: $ 648.36
Insurance: $1892.00
Taxes: $8,978.56
Gas: $7250.00
Electric: $957.47
Total: 26643.99
NOI: $36,560.00

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1114190012
Zoning: R2
Percent Occupied: 90%
Market Type: Large
Property Located Between: Price and Bruner
Side of Street: North
Road Type: Paved
Airports: Rockford International Airport
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1965
Construction/Siding: Brick, Stone
Exterior Description: Corner lot, with off street parking in the rear
Parking Description: Blacktop parking available behind building, .
Total Parking Spaces: 12
Sprinklers: None
Heat Type: Hot Water
Fuel: Gas
Interior Description: 10/ 1 bedroom units 2/ 2 bedroom units
Water Service: Municipal
Sewer Type: Municipal
Legal Description: E H MARSHS AUBURNDALE SUB PT S1/2 NW1/4 SEC 14-44-1 LOTS 5 + 006 BLOCK 005

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,479 109,152 182,944
Median Age: 33.6 35.94 37.16
Households: 7,884 43,017 72,101

Contact

Photograph of Listing Agent

Sandra M Pastore

5 Points Realtors
ICEx Member
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