Buy with Yoreevo
$1,866,750
List Price: $1,900,000
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1586 E 22nd Street
House in Midwood •  building info
11bd • 6ba • 5,451ft² $349 per ft²
Buy with Yoreevo

$1,866,750

List Price

$1,900,000

Key Details
Days on market
50
Last price change
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Estimated payment
$12,717/mo
Taxes
$2,465/mo
Maintenance
N/A
Description
Great investment in the heart of Midwood. HIGH cap 6 family free market building.Right next to James Madison High school. Right now cap 7.85%. The whold building was renovated in 2022. Need to pay less attention to the maintence. Owner can provid payment history for the rent. High income producing building. monthly income 17585 monthly, pro forma income 19650 monthly expense 5147. net operating income per month is 12437 eight now and 14502 in the future. All tenant do not have lease. A great building which is worth to keep for life time. Imagine a life which you can take 14502 per monthwithout doing anything.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,900,000
Asking Price: $1,900,000
Term
30 Years
Down Payment
$190,000 (10%)
Min: 10% (190,000)
Rate
6.0 %
Mortgage Amount
$1,710,000
Mortgage Payment
$10,252
Taxes
$2,465
Estimated Yoreevo rebate
$33,250
Estimated closing cost
$67,000
Total monthly cost $12,717
Buy your dream home with us and get an estimated $33,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Landmark International R E

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