$1,500,000
Out of Area, 29907
MLS# 1155662
Status: Closed
51840 sqft
1 / 4
Property Description
Turnkey investment, recently upgraded site with upside stabilized tenant base and below market rents. Featuring 86% occupancy. Huge cash flow generator, Upgraded utility system, management team can stay in place.
Details
Maps
Address/Legal
Section: N/A
Contract/Location Information
List Price/SqFt: 28.94
Offered at $/SqFt: 0
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Stories: 1
Taxes: 11542
Tax Abated: No
Lot Size SqFt: 1115000
Year Built Info: Approx
Lot Dim: 500 x 1150
Air Conditioner: Units
# of A/C Units: 0
Condition: Good
Garage Capacity: 0
# of Parking Spaces: 0
# Units: 54
Public Remarks: Turnkey investment, recently upgraded site with upside stabilized tenant base and below market rents. Featuring 86% occupancy. Huge cash flow generator, Upgraded utility system, management team can stay in place.
# of Heating Units: 54
Year Built: 1985
Building SqFt: 51840
Status Change Info
Projected Close Date: 2022-06-29
Pending Date: 2022-06-22
Sold Date: 2022-06-27
Sold Price: $1,500,000
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 270
Unit 1 - # Bedrooms: 135
Unit 1 - # Baths: 108
Rent/Month: 24900
Sewer
City: 1
Unit 3
Rent/Month: 0
Electric
220: 1
Heat Source
Electric: 1
Heat System
Forced Air: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Parking
Off Street: 1
Garage Location
None: 1
Siding
Vinyl Siding: 1
Income & Expense
Gross Income: 298800
Total Expense: 143424
Net Income: 155376
AddressLegal
Street No.: 127
Street Name: Spanky Drive
County: Out of Area
Zip Code: 29907
Area Name: Off Island
Parcel ID: 1048O-0035A
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2022-06-20
Sold Price: $1,500,000
Current Price: $1,500,000
Sub-Type: 9+F
Block: 1048O
Lot: 0035A
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Vinyl Siding
Gas Meters: Individual
Heat Source: Electric
Heat System: Forced Air
Electric: 220
Parking: Off Street
Listing Office: Cornerstone Realty
Last Updated: September - 26 - 2024
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.