Not sure about the stock market? Looking for a safe investment? Looking for cash flow and an immediate return on your investment? Well, keep reading. Here is a unique opportunity to buy a 4-unit rental property that will bring in $20,000 plus, first year, right out of the gate. You say, rentals are not for you, do not like the thought of dealing with tenants and the uncertainties of the constant turnover? Having to put hundreds if not thousands of dollars into a unit to repair/replace after a tenant moves out? Not here! Get this. All 4 units have 2 bedrooms. One tenant has been renting for 10 years, a second for 8 years, a third for 7 years, and the least tenured 2 years. And this tenant was in one of the other units for several years. None have ever been late on a rent payment. All tenants have the required renters insurance in place. Units have all been dog-free and are all smoke-free. Units have individual electric and water meters. Tenants pay their own electric, cable, water, sewer, and trash bills. So, what is the catch, do the units have to be renovated? Nope. All doors have been replaced and windows energy sealed. All the units have had their refrigerators replaced in the last 4 years. Dishwashers have been newly replaced. Stove-Ranges have all been replaced in the past 6 years. Water heaters in the last 4 years. One unit has wood floors. Two have brand new carpet. The building has plenty of parking available and a spacious backyard. Building has a landscaper in place that will maintain the grounds for $90 per month. Pest control is in place for $20 per month. Home is annually treated for termite protection. So, not certain where the economy is headed? Not sure where to invest your money? Want to see money coming in right away? Well, this is it!
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.
