6 unit apartment building. Two structures.
Front structure is one story with 2 units.
Unit 1- 3 bed/1 bath- Unit 2 -3 bed/1 bath.
Each rented for $1,400 per month. Call to see.
Back structure is two stories with 4 units.
All units are 1 bed 1 bath collecting $5,300.
Total of $8,100 a month. All tenants are month to month.
All units are in decent shape. Call to see.
No immediate or major renovation needed.
Both roofs were done 2 years ago. Six separate meters.
Comparables Sales
Address Lot Size (sq. ft.) Living Area (sq. ft.) Beds Baths Sales Date Sold Price
1131 SW 7TH ST 7,500 1,373 4 2 – –
1. 950 SW 12TH AVE 7,800 1,626 2 1 7/27/2021 $423,000
2. 876 SW 2ND ST 3,000 1,686 3 2 11/23/2021 $440,000
3. 637 SW 10TH AVE 5,000 3,331 8 4 12/3/2021 $1,075,000
4. 510 SW 11TH AVE 5,000 2,707 8 4 10/26/2021 $1,550,000
5. 435 SW 12TH AVE 11,790 53,581 null null 3/32/2022 $8,010,800
6. 203 SW 10TH AVE 5,000 1,226 2 1 8/4/2021 $470,000
7. 345 SW 9TH AVE 5,000 1,335 4 2 8/14/2021 $630,000
8. 919 SW 6TH ST 7,500 5,300 8 8 9/18/2021 $1,330,000
9. 984 SW 4TH ST 15,000 5,494 8 8 8/3/2021 $1,200,000
10. 342 SW 8TH AVE 5,000 1,340 2 2 7/27/2021 $425,000