106 Goff Street, Auburn

106 Goff Street, Auburn

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MULTI-FAMILY COMMERCIAL - SOLD

Building Size (RSF): 6,624SF

Sale Price: $695,000

Unit Price: $ 86,875/unit

Property Use Type: Multi-Family

Sale Terms: Cash to Seller

Cap Rate: 7.5%

OVERVIEW / COMMENTS

Fantastic opportunity to purchase a stabilized but value add opportunity with this 8 unit apartment building located in Auburn. The property was built in 1989 and offers a large paved parking lot and 7-2 bedroom units and 1-3 bedroom unit.

Current rents are well below market with 2 bedrooms currently renting from $975 to $1200 and 3 bedrooms renting from $1000 to $1,300 monthly.

Coin op washer and dryers included.

SOLD