715 40th St
“Clardy Manor” has a newer roof, dual paned windows and has tons of charm. Period details from the 30’s are evident throughout the building. Onsite laundry in owned by the seller and there are multiple legacy tenants leaving significant upside in rent for new ownership
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | Garden Style |
| Price: | $3,100,000 |
| No. of Units: | 18 |
| Cap Rate: | 6.40% |
| GRM /GIM: | 8.9 |
| Year Built: | 1940 |
| Building Size: | 11,037 Sq ft |
| No. of Stories: | 3 |
| Opportunity Zone: | No |
| Price per unit: | $172,222 |
Unit mix
| Description | No. of Units | Sq ft. | Avg. Monthly Rent |
|---|
FINANCIAL DETAILS
| Income/expense info: | Actual |
|---|
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