8-Unit Multifamily in Midwood
Price$3,400,000
Cap Rate5.6%
NOI$186,000
Price / SF$118,230
Building SF29
Units8
Asset TypeMultifamily
Investment Highlights
Midwood, 8 Family (brick, fully detached) 8,400 sq ft on 28x110 ft lot, R5. Four stories, fully FM, 2 and 3 BR units, $240K EGI. Fully occupied, normal sale. Owners duplex significantly below market rent.
- Taxes- $42K
-Insurance- $8K
- Water/Sewer- $3K
-Electric- $1200 (only for common area)
All Tenants pay for their own heat, cooling and hot water.
Eight family FULLY FREE MARKET.
Due Diligence & Financials 2
Rent rolls, financials and offering materials for this listing are released after you sign the NCNDA and Andre Kaufman approves your request.
Location
📍 Midwood
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.