25
620 SW 7th Street 1-7
$1,500,000 Sale
Listed 9 days ago
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Key Facts
Key facts for 620 SW 7th Street 1-7
Property Type
Apartment, Unspecified
Parking
Unspecified , 9 parking
MLS #
F10521593
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
$19,534 /yr
Days on Market
-
Year Built
-
Maintenance Fee
$ 0/mo
Description
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1’s , 3 - 1/1’s and 1 large studio. Easy rent collection and Seller also easily self-manages the proper...ty. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $35,163 which include Property Taxes:$19543, Water/Sewer:$7200, Insurance $5000, Lawn $720. Electric is paid by Tenants. Current 6.04% cap , ProForma 7.40% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!, Directions:
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Courtesy of: RPM LUXE REALTY

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