Amazing Opportunity! Fourplex ready for your personal touch! Have 3 units paying your mortgage! Unit A will be vacant Jan 31. Can be converted into 2 separate self contained units. Unit B is tenanted and current A++ tenant wants to sign a new lease to stay. Future potential to have 4 self contained units when last tenant leaves. Currently...
Amazing Opportunity! Fourplex ready for your personal touch! Have 3 units paying your mortgage! Unit A will be vacant Jan 31. Can be converted into 2 separate self contained units. Unit B is tenanted and current A++ tenant wants to sign a new lease to stay. Future potential to have 4 self contained units when last tenant leaves. Currently a 5.6% cap rate. Can be up to 7.6%+ cap as a 3 unit property. Savvy investors should run the numbers on this property! Currently Providing $73k/year Rent. Can make more than $100k yearly Rent as a 4 unit property in the future with minimal money spent on renovation. Zoned as a Multiplex - Residential property with four self-contained units. 2-Full Kitchens, 2 Washers & Dryers, New A/C. Split Fenced-In Backyard For Tenants Privacy. Rough In's For 2 Additional Kitchens In Basement. Interior photos are from before tenants moved in.
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