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Details

  • $185,000
  • MLS# 26-1980
  • Multi Unit - Multiple
  • Active
  • 2,016
    Sq Ft

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Presented By NP Dodge Real Estate
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Description

This built-as four-plex offers great income from day one and huge upside potential as well! The building features four efficiency apartments, two on each floor. Each unit is separately metered for gas and electricity, and all four of the four units are currently occupied with tenants paying $700/month! Currently the tenants are responsible to pay their own electricity, Landlord pays gas, water & trash. There is some deferred maintenance on the property, and the units certainly show their age, but for a savvy investor with some renovation know-how this property presents a fantastic opportunity to invest in some improvements and really make the property cash flow! The building is sold as-is.

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Features

  • Window Unit(s)
  • Forced Air, Natural Gas
  • Built in 1900
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Mortgage Calculator

ESTIMATED MONTHLY PRICE: $1,386.82
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blank Principal Taxes INS / PMI Other Total
Monthly $1,110.86 $64.75 $211.21 $0.00 $1,386.82
Yearly $13,330.32 $777.00 $2,534.52 $0.00 $16,641.84
Total $399,909.60 $23,310.00 $50,801.00 $0.00 $474,020.60
Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

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Loan Officer Image
Stephanie Reinhardt NMLS# 623803 Mortgage Loan Officer

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