1320 19th Street



1320 19th Street

Region: Midtown
Use: Multifamily
Lot Size: .07 acres
Lease or Sale: Sale
Building Size: ±2,424 SF
Sale Price: $840,000

Turton Commercial is pleased to bring to market for sale 1320 19th Street, a centrally located, two-story, Victorian triplex representing an extremely stable investment opportunity with a low barrier to entry. The Property is being offered for sale at $840,000, representing pricing of $280,000 per door and a 5.2% capitalization rate with a 30% expense allocation off gross scheduled income. The layout of the Property consists of two one-bed one-bath units on the ground floor, both approximately 610 SF with a shared laundry room, and one approximately 1,220 SF two bed one bath unit on the second floor, with a front porch and back deck accessing the communal backyard. The second floor unit makes for a logical owner’s unit with high ceilings, spacious kitchen, dining, living and laundry room, and hardwood floors throughout.

The Property is centrally located in the Handle District of Midtown, just a half block off Capitol Ave, where you will find yourself surrounded by an eclectic mix of entertainment and dining options.


You might also like: