Rare, updated University quadraplex ready to cashflow for a new owner! Live in the 1/1 and rent out three 2 bedroom 1 bath units to have others pay your mortgage for you! The perfect property for an FHA buyer excited to get into the multifamily sector! 1406 E seneca features two 2 bed 1 bath units at approximately 700 sq/ft. 1408 E Seneca features one 2 bed 1 bath unit with a 1 car garage and enclosed back patio at approximately 1,015 sq/ft and a 1 bed 1 bath unit at 700 sq/ft. 1406 E Seneca was recently renovated in 2019, including all brand new roof. This CASH COW is truly future proof and ready to collect premium rent for updated condition. All tenants are long term tenants with 12 month leases in place. Alternatively the new owner could file for stress free, direct deposit via section 8 which currently support elevated rents here at: $850- 1/1, $1040 2/1. 1406 currently has windowed a/c systems, 1408 is all central HVAC. All tenants pay their own electric, and trash. Current Owner is covering tenants water, but could easily be transitioned to tenant paid for new owner moving forward. 1406 E Seneca and 1408 E Seneca are to be sold together as one transaction. Must have an appointment to view the property. DO NOT DISTURB TENANTS!
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