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716 W 81st Street
USD 1,999,000
Property ID: 24403972
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716 W 81st Street ,90044
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icon 9309 SqFt
icon Built in 1960
icon USD 215/SqFt
icon 18 Beds
icon 11 Full
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Location Street View
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Interior Details
Bedrooms
18
Bathrooms
11
Interior Size
7795
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1960
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Detailed Introduction Of This Home
First time on market in a several decades...Bread-and-butter deal for a 1st-time Investor or a local owner wanting to add to his portfolio. Seven 2 Bed/1 Bath units and four 1 Bed/1 Bath units. Carports in the front and rear. A value-add opportunity from day one - one unit will be delivered vacant, one tenant in eviction and the manager's unit (currently free rent) has no lease or written management agreement, in place, affording a new Buyer some immediate flexibility and upside. All 3 units could, potentially, be at market soon after COE. Scheduled rents of $16K/month. Proforma rents of $22K+/month.6.4% cap scheduled. 9.4% cap proforma. Between Manchester and Florence, Hoover and the 110.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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716 W 81st Street
USD 1,999,000 18 Beds
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