property-description
A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74,485 and a NOI of $51,297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $4,040 (2023)Last Updated
: Thu, April 25, 2024Mls Num
: 1374621Listing Date
: Mar 21, 2024
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Property Type
: detailsSection.listingTypeId.105
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Heating
: Hot water radiator heat, Radiant heat, Natural gas
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Sewer
: Municipal sewage system
detailsSection.headers.other
Exterior Features
: Brick
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