INVESTOR RELOCATION means you can CASH IN! Long time tenants in place for INSTANT INCOME and the property is located in the OPPORTUNITY ZONE so investors may be able to access capital gains TAX INCENTIVES both immediately and over the long term. Property is functioning as a legal multifamily dwelling but the T4-R (General Urban Restricted) zoning will allow for mixed use such as medical clinic, vet office, bed & breakfast as well as other possible special uses. Property is situated steps away from a laundromat, grocery store, restaurants, bus lines, and other new construction. Property was re-roofed less than 2 years ago, freshly painted outside last year, 2018 taxes were only $1309, and tenants pay their own utilities with separate water & electric meters for each unit so expenses are minimal. Tenants are paying $580 for the 2/1 and $760 for the 4/1 but are MONTH TO MONTH so a rent increase is possible and both are current and would like to stay. At this price this one is a no brainer, don't get left behind. MOTIVATED SELLER is READY to close.
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.
