Awesome investment opportunity in a great location!! This updated brick 4-plex has been well taken care of and offers great returns ( All units are rented with awesome tenants). Rents for units A and B are below market at $1700 with opportunity to increase revenue. Unit C rent is $2000 and D rent at $2075. Each unit features the same floor plan, a bright and open main floor with a fireplace and half bathroom, 3 bedrooms and a spacious bathroom upstairs and a large unfinished basement with a great layout. Each unit is 2268 sq ft with an attached garage, patio and outdoor space, all surrounded my mature landscaping! Unit C and D are updated, however the rest of the units are in great move-in ready condition. Value added opportunity and instant equity is to have units deeded separately, with current individual units of similar size selling between $360k-380k+, reach out for more details. Great location, close to multiple parks, the university, hospitals, shopping and easy access to the hwy 34.
0.3 Private Acres Lot Size
investment
$5,943 Annual Tax
Built in 1983
MLS/Listing ID 1048833
4 Units
Pantry
Heating - Forced Air
Gas Fireplace
Partial
Cooling - Central Air
Construction - Frame
Dishwasher
Electric Range
Refrigerator
Composition
Washer/Dryer Hookup
Eat-in Kitchen
TOTAL MONTHLY COST
$0
$0
$0