$1,699,900
About this home
Attention Investors :Projected Net Operating Income of $184, 005 w/10.5% Cap Rate. Exceptional 11-Unit Investment Opportunity Awaits You! This unparalleled property comes with a blend of residential & commercial income. Located in the northside of the city, this neighborhood comes numerous conveniences at your doorstep, this building comes with ten 2-br units and one separate commercial unit, making it a quintessential asset for long-term investment. Durable & Low Maintenance exterior with vinyl siding & windows and rubber membrane roof. Separate Utilities-A Hassle-Free Arrangement. Ample Off-Street Parking with a separate parking across the street. Unbeatable Location with the "Montello" commuter rail station, Quick & Easy highway access and numerous shops & other essential amenities nearby. Steady Cash Flow w/Potential to maximize its revenue with rental increases, which makes this a safe investment. Seize this opportunity!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $13,168
- Utilities
- $2,253
- Transportation
- $153
- Other (entertainment)
- $157
Quick facts
Home features
Neighborhood — 02302
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 31,961 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 1.00% | 7.00% | 20.00% |
| Population Density | 3,581 | 786 | — |
| Male | 15,481 | 3,127,134 | 147,432,321 |
| Female | 16,480 | 3,317,797 | 151,655,844 |
| Never Married | 8,185 | 1,612,885 | 63,775,926 |
| Married | 11,669 | 2,586,314 | 123,120,365 |
| Separated | 1,088 | 247,857 | 12,639,686 |
| Widowed | 1,909 | 363,594 | 15,467,586 |
| Divorced | 2,468 | 436,888 | 23,075,029 |
| Number Of House Hold | 10,861 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.91 | 2.56 | 2.60 |
| Medial Age | 35.38 | 37.25 | 35.46 |
| Median House Hold Income | $53,246 | $57,698 | $48,276 |
| Average House Hold Income | $58,380 | $75,023 | $63,629 |
| P C I | $20,553 | $29,196 | $24,529 |
| M D I | $44,838 | $48,105 | $41,133 |
| A T H E | $48,446 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 79.27% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 4/18/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.