Amazingly rare opportunity! 4 plex (4 one bedroom units) right in the middle of Stanton. There are so few multi-family residential rental buildings within the city limits of Stanton at all and for one of those to come up for sale is an incredible opportunity that may only come along once in a lifetime. In addition, this particular property is fully rented and currently bringing in $1800 per month. Based on this income, you could easily cover a monthly mortgage payment as well as the annual property taxes and insurance. The building has been updated over the years and seems to be in overall good condition. The current owners have updated the HVAC units over the years and all but one has been fully updated. Each unit is set up with it's own electric meter, so the new owner does not have to worry about paying utilities other than the monthly water/sewer bill. In addition, being on city sewer and being free from worrying about a septic system is a huge benefit.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
