Description
Fantastic investment opportunity in the desirable Bivins neighborhood! This updated quadplex features three 1-bedroom, 1-bath units that are currently leased, providing immediate rental income, plus one vacant 3-bedroom, 2-bath unit ready for an owner-occupant or additional rental income. Numerous improvements include a new roof, new sewer lines, updated electric, and a new HVAC system in Unit 1. All utilities are separately metered, making management simple and efficient. The property also offers a fenced yard for added tenant enjoyment. Project Cap Rate: 9.25% Whether you're looking to expand your investment portfolio or live in one unit while the others help pay the mortgage, this well-maintained property is one you won't want to miss!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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4,240SQFT
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$100$/SQFT
School Ratings & Info
Description
Fantastic investment opportunity in the desirable Bivins neighborhood! This updated quadplex features three 1-bedroom, 1-bath units that are currently leased, providing immediate rental income, plus one vacant 3-bedroom, 2-bath unit ready for an owner-occupant or additional rental income. Numerous improvements include a new roof, new sewer lines, updated electric, and a new HVAC system in Unit 1. All utilities are separately metered, making management simple and efficient. The property also offers a fenced yard for added tenant enjoyment. Project Cap Rate: 9.25% Whether you're looking to expand your investment portfolio or live in one unit while the others help pay the mortgage, this well-maintained property is one you won't want to miss!