Fully renovated & low-maintenance 12plex in a great pocket of Spenard. All units had a stud-out remodel in '23-'24. Featuring new windows/sliding doors, upgraded electrical lines, new 4'' plumbing lines, appliances & all cosmetics. The property offers a balanced mix of eight 2-bedroom and four 1-bedroom units, positioning it well for stable occupancy. Upper units offer private WDs & Balconies.Heated & secured tenant storage. Lower units have shared WDs. Roofs resurfaced in 2023, 3 of the 4 water heaters have been recently replaced, and boilers have been well maintained. Rent roll (with scheduled increases) $20K /month with creditworthy tenants in place. Utilities currently included in rent, with room for future rental increases. Excellent location with nearby trail access, dining, and conveniences, 5 minutes from the airport. Buyer to verify all information. Contact listing office for a marketing package.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.