7 -Plex Multi-Family For Sale
Multi-Family
for Sale
Catylist Listing ID: |
30808286 |
Property Subtypes: |
Low-Rise/Garden
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Number of Units: |
7 Units |
Building Size (RSF): |
5,195 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$299,000 |
Unit Price: |
$42,714.29 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
8/3/2022 |
Overview / Comments
This investment property would be perfect for a first-time investor or for the tenured investor looking to add to their investment portfolio. Apartments are comprised of 7 units including, (2) 3 Bedroom 1 Bath Units (2) 2 Bedroom 1 Bath Units and (3) 1 Bedroom 1 Bath Units. Tenants pay for gas, & electric, Owner currently pays for water, sewer and trash pickup.
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$2,474 (Annual) |
Potential Rental Income |
$57,180 (Annual) |
Gross Operating Income |
$39,154 (Annual) |
Net Operating Income |
$23,322 (Annual) |
Actual or Proforma Year |
Actual |
Additional Details
Nearest MSA: |
Evansville |
County: |
Gibson |
Tax ID/APN: |
26-12-18-204-003.763-028 |
Total Number of Buildings: |
1 |
Roof Type: |
Gable |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
3,372 |
10,121 |
12,797 |
Median Age: |
36.19 |
38.31 |
39.7 |
Households: |
1,334 |
4,114 |
5,181 |
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