Photo 1 of 1
$140,000
Sold on 11/19/13
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 8 |
4.00 |
0 |
$935 |
1958 |
|
On the market:
90 days
|
View full details, photos, school info, and price history
Popular Kirkwood neighborhood quad is FINALLY available. This infill neighborhood is so popular builders can't keep up. Units are recently updated & rent ready. Even windows & doors have been replaced. Property has also been converted to total electric. Rents are below market & property next door is under contract for redevelopment. Going in cap rate based on current rent of $550/mo is 10.84%, proforma. Raise your rents & NET income goes to $19,746/year. Rents will increase again once units next door are gone. Property is cash flowing & located neighborhood on the rise.
Listing courtesy of Talani Casariego, Adams Realtors