Average square foot calculated using Size range provided by listing agent.
Description
Rare Investment Opportunity – 4 Homes on R-5 Zoned Lot! Don't miss your chance to own this exceptional multi-family property featuring four detached single-family homes on one lot. Ideal for investors or multi-generational living! This property consists of 2 - 3 bedroom homes and 2 - 2 bedroom homes each with their own private fenced yards and dedicated parking. Tenants pay all utilities (water, sewer, gas and electric). This well-maintained property offers both stability and upside. Two of the homes have been recently renovated and are currently vacant, offering immediate rental potential. The two bedroom home is listed at $2, 300/month and the 3 bedroom is listed at $3, 000/month. Once these units are rented, the annual gross income would increase from $31, 200 to $94, 800. And there's still room for additional rental income on the occupied units, offering even greater return potential. Perfect for savvy investors seeking strong cash flow, multi-family compound buyers who want privacy and flexibility or 1031 exchange buyers looking for stable, appreciating assets. MLS listing does not match tax records.Show Description
MLS® Number202512790
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1938
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C
Heating Fuel
Extras
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