Property Description

Turnkey 4-unit investment opportunity with projected gross rents of $3,200 per month or $38,400 annually! This all-brick property features four 1-bedroom, 1-bathroom units with rents of $800 per unit. Three units are currently occupied, providing immediate income, with the remaining unit rent-ready and offering additional upside. Major improvements completed in 2020 include a metal roof, four HVAC systems, four water heaters, vinyl replacement windows, updated electrical panels for each unit plus the common area, and cosmetic renovations throughout. Tenants are responsible for electric, gas, and heat, while the owner pays water. With major improvements already completed and strong income potential, this is a great opportunity to add a solid multifamily property to your investment portfolio.

Property Features

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