Excellent turnkey investment opportunity sold as is! 4 plex, 2 upper and 2 lower units in one bldg. All identical 2 BR/1 bath, all leased at $800/mo= ~$38.4K annually. Low insurance, taxes, utilities, lawn and maintenance due to Professional Property Management. Originally built in 1946, BUT gutted and updated 06/2014: Roof, Central ACs (2.5 ton, 14 SEER) (2 new compressors within last 12 months), plumbing, electric, floors, baths, kitchens, appliances, electric panels, water heaters and wrought iron fence all around. Apartment already had brick and Hardie cement siding, but just replaced all of the only wood that was on the exterior, the facia, window and door trim with Hardie cement boards! (just needs paint on the new trim). LET IT RAIN, NEVER FLOODED OR ANY WORRIES, NO HIGH WATER EVER IN THE AREA. The lot at rear is ready for a new town-home build or can be used for parking. No For Sale sign. Do not disturb tenants. Lots of new development and construction going up all around.
Days on Market: 63 Day(s)
Get full access to Premium Content
Sold Price for nearby listings,
Property History Reports and more.
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy