Photo 1 of 26
$450,000
Sold on 1/05/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$3,712 |
1968 |
On the market:
22 days
|
View full details, 15 photos, school info, and price history
All brick Quad with 3 of 4 units occupied. 2 duplexes with with shared driveway and parking lot being sold as a quadraplex. 2 parking spots per unit. Some minor repairs needed. Instant income with opportunity to increase rental income by 52%+ at market rent. Two of the units are on m2m leases after being good tenants for more than 12 months. One unit just leased in June for 12 months at $1200/month. Due Diligence package available upon request and receipt of serious offer and Proof of Funds. No Sign. Please do not disturb tenants. Appointment Required. Serious Investors only please. We will provide all current leases and operating statements up receipt of a Proof of Funds or Lender Pre-Approval Letter. One of the units needs minor repairs, updates have been done to all units and property is in very good condition. The opportunity here is to get instant income upon closing on the property and by bringing rents up to a market rate of $1200/month per unit or more, there is huge upside potential.
Listing courtesy of Michael Minihan, Terrace 24 Realty