41
$1,495,000 Sale
Listed 1 day
620 SW 7TH Street #1-7
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· 918
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Key Facts
Key facts for 620 SW 7TH Street #1-7
Property Type
Apartment, Unspecified
Parking
918 parking
MLS #
B26100077
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
$22,858 /yr
Days on Market
-
Year Built
1974
Maintenance Fee
-
Description
EXCEPTIONAL 7-UNIT MULTIFAMILY INVESTMENT PROPERTY! NEW ROOF, NEW IMPACT WINDOWS & RECENTLY COMPLETED 40-YEAR STRUCTURAL AND ELECTRICAL RECERTIFICATION! This well-maintained, 100% occupied property features long-term tenants and a desirable unit mix of three 2BR/1BA units, three 1BR/1BA units, and o...ne spacious studio. Current annual gross income of $127,680 with significant room to increase rents. Annual operating expenses include property taxes of $22,858, water/sewer/trash $7,200, insurance $5,000, landscaping $720, and exterior electricity $600. Easy rent collection, and the seller easily self-manages the property. The seller has done all the hard work for the next buyer. With major capital improvements complete, this is a stabilized, income-producing asset with excellent upside.
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Listing courtesy of: RPM LUXE REALTY