Price Drop. Motivated seller, bring an offer! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Units 3 and 5 (basement unit) are occupied at rents of $1,200/mo and $1,880/mo… Read More respectively. The others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $85,000 even when keeping the current tenants in place! Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information! Read Less
Courtesy of Stefan Rosu, Keller Williams Capital Properties [email protected]
Listing Snapshot
Days Online
371
Last Updated
Property Type
Five Or More Units
Square Ft.
3,492
Lot Size
0.12 Acres
Year Built
1945
MLS Number
DCDC2134526
30 Days Snapshot Of 20020
$462k
+31%
(avg) sold price
13
-38%
homes sold
57
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,104 net sqft, 3,492 total building sqft, Built in 1945, 5 units in building, Brick
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