Excellent investment opportunity featuring an 8-unit residential portfolio across five properties, offered together as one package for $500,000. 323 Maple Ln is being used as the lead MLS listing property only; the list price reflects the entire portfolio, not 323 Maple Ln individually. The package includes 609 N Cole St, 323 Maple Ln, 332/336 S Pierce St with four 1-bedroom units, 618 Faurot Ave, and 419 S Scott St. The portfolio offers a diverse unit mix consisting of single-family residences and a four-unit building. Six of the eight units are currently occupied, providing immediate rental income, while the two vacant units offer additional income potential. Current rent information reflects approximately $6,150 per month and $73,800 annually. Properties are considered turnkey, making this a strong opportunity for an investor looking to add multiple income-producing units in one acquisition.
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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.
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