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NM Apartment Advisors is excited to have listed this fabulous owner occupant style fourplex at 1510 Pennsylvania NE with extremely large units - including a 1,800 owners unit and three, yes, three 1,500 square foot units. Property has an amazing location - walking distance to Uptown and just east of Winrock with a good walk (61), bike (86), and transit (36) scores. Built in 1967, the property has been well maintained and kept a lot of its original charm.At the ask price of $537,000 and an average rent of $928 the measure of investment performance include a GRM of 12.06, a CAP rate of 5.30%, a price per unit of $134,250, a price per square foot of $84.12 and an after tax IRR of 14.60%.If the rents are raised to market average of $1,369 the measure of investment performance impr
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
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Listing information last updated on August 19th, 2019 at 7:43am MDT.