Description
1.38 acre parcel with 6 rental units comprised of 2 duplexes and 2 single family homes. 100% occupied and enough land that you possibly could build more units. This place would be perfect for an owner who wants to occupy one of the homes and live basically free! Units A & B have a new roof, Unit D was just renovated, rents include trash and water. All long term tenants except D which has a new tenant at a higher rate due to recent renovations. Positive cash flow out the door but the units could bring more rents, for instance newly renovated 1 bedroom just brought $875! Current montlhy income for the 6 units is $5375 per month $64500 annual, rents can be raised as leases expire.
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5BEDS
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N/AACRES
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3BATHS
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01/2 BATHS
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5,790SQFT
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$112$/SQFT
School Information
Description
1.38 acre parcel with 6 rental units comprised of 2 duplexes and 2 single family homes. 100% occupied and enough land that you possibly could build more units. This place would be perfect for an owner who wants to occupy one of the homes and live basically free! Units A & B have a new roof, Unit D was just renovated, rents include trash and water. All long term tenants except D which has a new tenant at a higher rate due to recent renovations. Positive cash flow out the door but the units could bring more rents, for instance newly renovated 1 bedroom just brought $875! Current montlhy income for the 6 units is $5375 per month $64500 annual, rents can be raised as leases expire.
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