929 N 40th St
Listing Notes
929 N 40th: a 6-unit mixed-use income property featuring five units along with a commercial storefront leased providing predictable income growth. The property currently has 5/6 units rented with one residential unit currently vacant, offering immediate upside through lease-up and potential rent optimization. With diversified income streams, contractual commercial rent escalations, and strong residential demand for smaller units, this asset presents a compelling opportunity for investors seeking stable cash flow. New construction with tax abatement.
Comps
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Mortgage Calculator
- Due at close
- $373,175
- Loan amount
- $948,750
- Loan to value
- 75%
- Principal & interestLoan scenario$6,634
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Listing activity
- Days on market
- 7 days
- Last price change
- No change recorded
Where it is
For sale Coming soon Recently sold— zoom out for more