123 S 1st Ave
7 Unit Apartment Building $2,000,000 ($285,714/Unit) 7.22% Cap Rate Mount Vernon, NY 10550
INVESTMENT HIGHLIGHTS
- 3 Multi-Famillies total of 7 Units
- Multi-Family located in Mount Vernon
- Great Investment Opportunity in Mount Vernon
EXECUTIVE SUMMARY
Prime investment opportunity. 3 multi-family homes that are right next to each other totaling 7 units in total! (3units, 2units, 2units)
*Information Believed to be True but Not Warranted
*Information Believed to be True but Not Warranted
PROPERTY FACTS
| Price | $2,000,000 |
| Price Per Unit | $285,714 |
| Sale Type | Investment |
| Cap Rate | 7.22% |
| Sale Condition | High Vacancy Property |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 17,860 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2015 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 10+3 | 3 | - | - |
| 7+2 | 2 | - | - |
| 5+2 | 2 | - | - |
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Walk Score®
Walker's Paradise (90)
