This four unit brick investment opportunity offering immediate cash flow from day one! This fully occupied multifamily property currently generates $2,900 per month in rental income with all four units leased, providing a stable income stream from day one. Several rents remain below current market value, creating an excellent opportunity for future increases and improved returns without the need for major repositioning. The property has been professionally managed and maintained, making it an attractive option for both seasoned investors and those looking to add a solid performing asset to their portfolio. Roof is less than five years old and all hot water tanks are less than 10 years old. Whether you're searching for your next cash flowing investment or looking to expand your multifamily holdings, offered at an attractive price, this is an opportunity you won't want to miss!
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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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