303 17th Ave Se
$1,310,000, 5,496 Sqft .19 Acres
Listing Office: Sterling Johnston Real Estate
About This Property
Located just blocks from the Capitol, this Historical Mansfield Apartment building has been updated with a new 40 year old roof, tankless water heaters, stoves and all units have new wiring. 4 units have granite countertops, 6 have hardwood floors. 2 units are being remodeled presently. In 2019 all rents have been increased with the average rent being $850/per. Cap rate is 3.55%-projected cap rate is going to 4.8% in 2019. Owner is looking into reclassifying property to the Historical Registry.
Baseboard, Tankless Water Heater
Alley, Corner Lot, Paved Street, Sidewalk
Concrete Block, Concrete Ribbon, Post & Block
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Listing information last updated on May 24th, 2019 at 9:54pm PDT.