Property Description

Fantastic 4-Plex Investment Opportunity!This well-maintained 4-unit property is a rare find for both seasoned investors and owner-occupants alike. Live in one apartment and let the rental income cover your mortgage, or simply enjoy steady cash flow from a fully rented building with long-term tenants.Property Highlights:?Solid investment with established tenants and consistent rental history?Roof less than 10 years old, cedar siding, and newer landscaping?Ample off-street parking, two decks, and attractive curb appeal?Located in a revitalized neighborhood with continued growth potentialFinancials:?Estimated Rental Income: $2,325/month ($27,900/year)?Estimated Expenses: $925/month ($11,100/year)?Net Income Potential: $1,400/month ($16,800/year)Current Units & Tenants:?Apt 1: $475/month ? Upstairs Efficiency ? 13-year tenant?Apt 2: $575/month ? Upstairs 1 Bed/1 Bath ? 1-year tenant?Apt 3: $575/month ? Main 1 Bed/1 Bath ? 4-year tenant?Apt 4: $700/month ? Main 1 Bed/1 Bath ? currently owner-occupiedApartment Features:?All units include window A/C and appliances?Utilities (electric, gas, water, garbage, satellite) included in rent?Basement with sump pump, water heater, and furnaceOwner's Apartment (Apt 4):Beautifully updated 1 bed/1 bath unit featuring:?Kitchen with pantry, stainless steel fridge, range, and dishwasher?Stackable washer/dryer hookups?Enclosed dog door with access to large outdoor kennel?Spacious dining & living areas, full bath with tub/shower?Gorgeous original woodwork, front & back entrances, and private deck?A must-see home full of character!Additional Details:?Buyer to pay closing costsDon't miss this opportunity to own a strong income-producing property with long-term stability and the option for owner occupancy.

Property Features

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