This four-unit apartment building offers a strong investment opportunity with a 9.48% cap rate at full asking price. The property features three residential 2 bed, 1 bath units, and one residential 3 bed, 1 bath unit. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. The roof was replaced in December of 2025. Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.
Sold
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Zillow last checked:
Listing updated:
Bought with:
Daria Derebera, REC20230962
Hallmark Realty
Source: SWMLS,MLS#: 1107598
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Sold | -- |
Source:  SWMLS #1107598 Report a problem | ||
| 8/6/2026 | Pending sale | $390,000$119/sqft |
Source: SWMLS #1107598 Report a problem | ||
| 3/16/2019 | Listing removed | $800 |
Source: Go Section8 Report a problem | ||
| 3/6/2019 | Listed for rent | $800 |
Source: Go Section8 Report a problem | ||
| 7/2/2001 | Sold | -- |
Source: Public Record Report a problem | ||
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