304 N 5th
308 N 5th
Home Type: Multifamily/Multiplex
Home Subtype: Apartments
Living Area: 3,657 sq ft
6 units are studios, 2 units are 3 bedroom 1 bath.
10 units, 4 studios in one bldg, 2 large studios in another bldg, 1 duplex, 2 stand alone houses.
The 2 stand alone houses consist of a 2 bedroom 1 bathroom house and a 3 bedroom 1 bath.
Total would be 10 units overall.
All 10 units are currently need to be rehabbed, previous tenants made damages on the interior of all units you can update all 10 with a rehab of $100,000.
Once all units are brought up to living standards and tenants are placed, the property will cash flow a gross amount of $116,200 annually.