Well below market rent. All units can be rented for $1400/mo. Very rare to market after 20 years. This 3,236 sf 4-plex was all 2/1's and 4 parking spots. All units have remodeled kitchens. 3 have central ac, one unit was remodeled into a large 1/1 for a previous owner. 2 units have separate electric and water meters. The other 2 units are rented including utilities. Unit #1 has tenant for 29 years and is not remodeled and has wall units. Only 1 unit has a lease (paying $1400/m), all the 2 bedrooms should rent for $1400/m and the large remodeled 1 bedroom with large balcony for $1400/m. Units have large patios or porches. Gross income = $67,200. Projected cap = 8. Older roof. Please do not approach the tenants. Call for appt.
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.
