4-PLEX OPPORTUNITY! Great Income Investment property!Starting cap rate is apprx. $4.64%! This is a 4 plex on almost a 3/4 acre lot. There are 4 individual homes, each with their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total rents are $10,050/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 1 tenant is Section 8.
This is a great opportunity! Hurry won't last long. Will not be delivered with vacant unit(s).