$1,029,000 Asking Price
4 Beds
4 Baths
2,309 Sqft
Built 1959
Multifamily
Investment Analysis
Rocket
Asking Price
$1M
Wholesaler Price
Est. ARV
$1.1M
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Spread
$60K
94¢ on the dollar
Rental Income
RentCast
$8,010/mo
Market Rent · Mar 2026
$5,460
$10,570
$96,120
Annual Rent
9.3%
Gross Yield
$3.47
Rent / Sqft
$2003
Per Bedroom
Property Details
4beds
4baths
2,309sqft
6,750lot sqft
1959built
TypeMultifamily
Stories1
ExteriorStucco
RoofRoll Tar & Gravel · Flat
ConstructionConcrete · Slab
FlooringTerrazzo
Lot Frontage55 ft · 6,750 sqft (0.15 acres)
PoolNo
ConditionAverage
Deal Highlights
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Overview

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Big Ticket Items & Permit History
Verified
Roof
6 yrs
2020 · Roll tar & gravel
Permitted
A/C
17 yrs
2009
Permitted
Impact Windows
10 yrs
2016
Permitted
Water Heater
Unknown
No records found
Unverified
Permit History
34 closed 0 open
Mfd 4 units-interior renovation, signed cc pu 8/20/09, code case:ce07031742, b-rev2 20/20/9 b, & chg ofFeb 2009
$75,000
✓ Complete
ReroofJan 2020
$18,850
✓ Complete
Reroof 24 sq flat roof ~ ~void permit see reroof permit 06041181Jun 2000
$3,410
✓ Complete
New service 4 meters 100amp eachAug 2004
$2,000
✓ Complete
Reroof 3500 sf flatMay 2006
$17,500
✓ Complete
Repairs to existing electrical ~ ~ ~permit voided. Replaced by # 09010274Apr 2007
$6,000
✓ Complete
Replace 8 doors+ 21 windows w impactSep 2008
$22,875
✓ Complete
Mfd 4 units-interior renovation ~signed cc pu 8/20/09 ~ ~code case:ce07031742 ~ ~b-rev2 20/20/9 b ~& chg of contractor 4/8/2009Jul 2009
$75,000
✓ Complete
Atf install four-6 ton units w/duct work for ~interior ~renovation ~bp 08111190Feb 2009
$23,000
✓ Complete
Atf:replace 16 fixture bp 08111190Feb 2009
$8,000
✓ Complete
Repairs to existing electrical ~(bp #08111190) this replaces electrical permit ~#07032693.)Feb 2009
$5,000
✓ Complete
Install lawn sprinkler system 40 heads 1 backflow ~city waterMay 2009
$2,000
✓ Complete
Install approx 270 x 6 shadowbox fencing (no ~gates) for mfd: renewed 7/19/2013Jul 2013
$2,225
✓ Complete
30 temp electrical power (master electrical #09010274)Jun 2009
✓ Complete
Recertify 1 inch pvb backflowOct 2010
$90
✓ Complete
Re-cert backflowNov 2013
$65
✓ Complete
Recertify backflowNov 2014
$65
✓ Complete
Reroof 5800 sf tile ~ ~ ~9/19/13 rec noc submittedNov 2013
$34,560
✓ Complete
Wiring for townhouseApr 1993
$2,000
✓ Complete
plumbing for townhouse unit 3 + 1 dom mtrApr 1993
$3,200
✓ Complete
Repl one 3ton air conditioningOct 2004
$3,500
✓ Complete
Install central air conditioning system 3 tons - unit #3Sep 1993
$3,200
✓ Complete
Replace one 9 x 7 ft garage doorNov 2014
$1,838
✓ Complete
Revision - chimney detailApr 1993
$1
✓ Complete
New townhouse - unit 3Apr 1993
$68,897
✓ Complete
Replace 48 windows with impact ~ ~nocDec 2016
$33,998
✓ Complete
40 year building recertificationOct 2020
✓ Complete
Foia request #785 for 837 ne 17 terrOct 2019
✓ Complete
Install 176-ft aluminum fence with two 4-ft wide ~gates ~ ~ ~ ~ ~recorded noc receivedDec 2013
$6,696
✓ Complete
Burglar alarm for b.p.93-6334Apr 1993
$350
✓ Complete
Revision & vent. For prefab fireplace new, townhouse - uApr 1993
$300
✓ Complete
#3 windows 8 and doors 2 replace with impact ~ ~nocDec 2014
$14,434
✓ Complete
Elect & mechanical rev to 93-6334----new townhouse , unit 3Sep 1993
$1
✓ Complete
Remove alum. Subfeed replace w copperAug 1999
$2,400
✓ Complete
Elect & mechanical rev to 93-6334----new townhouse , unit 3Sep 1993
$1
✓ Complete
30 day temp for testing bp 93 6334Apr 1994
$1,500
✓ Complete
Show 33 more permits ▾
No Code Violations
No Open Cases
Equity, Debt & Value Allocation
Rocket
Value Breakdown $1,089,110
Land $168,750 | 15.5% Building $920,360 | 84.5%
Assessed Value '24
$1,089,110
Annual Tax '24
$15,523.34
Effective Tax Rate
1.43%
Homestead
✗ No

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Quick Numbers

Asking Price$1,029,000
Rocket ARV$1,089,110
Spread$60,110
Cents on Dollar94¢
Est. Rent$8,010/mo
Gross Yield9.3%
Year Built1959
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