Listing provided courtesy of Hanza Realty, LLCMLS# MBR22045368MLS Provider
  • 374 days on site
  • 0 views

Turnkey 6-unit multifamily offered at $290,000. Six studio units with stable tenants and consistent in-place rents. Current monthly gross: $4,207 ($50,484 annually). Rents include three units at $680/month, one at $340 biweekly ($737/month), one at $300 biweekly ($650/month), and one at $180/week (~$780/month). Owner currently pays utilities. Estimated annual expenses: ~$7,056. Approximate NOI: $43,428. Strong return profile with solid in-place income. Buyer to verify all financials. Off-street parking. Located on Washington Street with access to shopping and public transportation. Stabilized, income-producing asset with consistent cash flow. No showings without accepted offer. Do not disturb tenants.

Source: MIBOR, MLS#: MBR22045368

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  • Property Type
    Residential Income
  • Lot
    0.28 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3614 E Washington Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/7/2026Source: MIBOR Price Reduction
$290,000 -6.5%
4/7/2026Source: MIBOR Price Reduction
$290,000 -6.5%
1/28/2026Source: MIBOR Price Reduction
$310,000 -1.6%
1/28/2026Source: MIBOR Price Reduction
$310,000 -1.6%
12/18/2025Source: MIBOR Status Change
Active
12/8/2025Source: MIBOR Status Change
Pending
10/15/2025Source: MIBOR Price Reduction
$315,000 -1.6%
10/15/2025Source: MIBOR Price Reduction
$315,000 -1.6%
8/13/2025Source: MIBOR Price Reduction
$320,000 -3.6%
8/13/2025Source: MIBOR Price Reduction
$320,000 -3.6%
8/4/2025Source: MIBOR Price Reduction
$332,000 -0.9%
8/4/2025Source: MIBOR Price Reduction
$332,000 -0.9%
7/11/2025Source: MIBOR Price Reduction
$335,000 -1.5%
7/11/2025Source: MIBOR Price Reduction
$335,000 -1.5%
6/16/2025Source: MIBOR Added to Database
June 16, 2025
6/3/2025Source: MIBOR Added to Database
June 03, 2025