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2315 EARL Avenue
$899,000

Unidades

8

Tamaño del Edificio

5,490 sf

Tamaño del Lote

5,401 sf

Estado

Vendida

Agente del Listado: Michael Lembeck, RealtyOneGroup

Long Beach

2315 EARL Avenue

Sobre Esta Propiedad

Only 8.39 x gross and 9.16% cap rate on existing rents and expenses. Cash flow approx. $2,822 monthly with 25% down. Approx. 15% cash on cash return. See cash flow analysis in Media. Built in 1987 to condo specifications. Fully occupied. Four 2 br. 1.5 ba. and four 1 br. 1 ba. units. Three story security building with first floor parking garage with 16 parking spaces. Located in nice area of Wrigley in area with mix of single family homes and small apt. buildings. Owner has recently spent approx. $40,000 on new roof, new exterior paint, etc. All bad wood has been replaced and termite work has been completed. Some units have new carpet, flooring and interior paint. Income producing laundry room (currently non-operational, could add additional $300 month income). Income and expenses shown are ACTUAL. Current 1st TD of $580,045 at 6.02% with Chase is assumable. May be possible to purchase with just 20% down. See Loan Quote in Media.

Composición de Unidades

  • 2 unidades · 2rec / 1ba
  • 1 unidad · 1rec / 1ba

Vecindario

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Vendida Por

$899,000

Agente de Listado

Michael Lembeck

RealtyOneGroup