Photo 1 of 7
$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, 15 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