Description

This property was renovated in 2023 by previous owner. This property includes two buildings: Main House-2 bed / 1 bath leased at $1,200/mo plus $100 towards electricity & tenant takes care of yard maintenance. Back building includes 4 studio units - bottom 2 units leasing at $650 & top 2 units leasing at $775. Unit 4 & Main House are vacant. Back building tenants pay $50/ea towards electricity and $20/ea towards trash. Whether you're looking to expand your portfolio or jump into multifamily investing, this one’s ready to go. Hard to beat the location, the condition, and the income. REO by private lender. Seller has completed repairs and updates and is disclosing only what is known after acquisition.