TURNKEY 4-PLEX WITH IMMEDIATE UPSIDE – THE MAJOR RENOVATIONS ARE ALREADY COMPLETED!
Rare opportunity to acquire a fully repositioned 4-unit asset with significant capital improvements already completed and built-in rental upside from day one.
SEPARATELY METERED
Properties with this level of renovation and vacancy flexibility are rarely available.
Ownership has recently completed extensive upgrades over $150,000, including:
-Full exterior repaint
-New plumbing
-Complete balcony/deck rebuild
-New flooring in all units
-Interior updates throughout
-Mini-split AC systems installed in 2 units
-Electrical upgrades in 1 unit
-Bathrooms upgraded with granite countertops
-All Bathrooms have new water wise toilets
High-Leverage Leasing Opportunity:
3 of 4 units are currently vacant by design, allowing a new owner to immediately lease at market rates without dealing with legacy tenants or rent restrictions.
Projected Income (Conservative): $3,340+/month
($750, $965, $965, $660 (under market; upside to ~$750 upon turnover)
-Renovation-heavy asset = reduced near-term capital expenditures
-Strong rent growth potential
-Clean, pet-free history
-Very Minimal deferred maintenance
Tenant-Friendly Features:
-Two ground-floor units with private fenced yards (premium rent potential)
-Ample off-street parking
-Located directly across from a school, supporting consistent tenant demand
-This is an ideal deal for an investor looking for a low-maintenance asset with immediate cash flow potential and clear path to increased NOI.
Position it, lease it, and raise rents; this one is ready to perform.
INVESTORS!! Don't let this income opportunity pass you by. With the growing population in the town of Needles, rental properties are prime real estate. This NEWLY RENOVATED four-plex won't last long. All utilities are separately metered. Easy to rent and manage, THIS IS AN INVESTORS DREAM. Call today to view the property!
Owners selling due to out of state move. List price: $450,000 sellers will negotiate for cash buyers and quick close. Site address; 635 Cibola St Needles.
Adjacent large parcel, also being sold separately with ability to build a second complex
What the owner loves about this home
Adjacent parcel available. Across from school! Fully remodeled and separate meters!
81 days
|
341
|
16
|
Listed by:
Property Owner(928) 362-0060
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Forced air, Wall, Electric
Cooling
Central, Wall
Appliances
Included: Dishwasher, Microwave, Range / Oven, Refrigerator
By pressing Contact owner, you agree that the property owner identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.