This is a great 4-plex rental property with great rental history. The basement was recently renovated and is brand new and all other units are in average to good condition. The gross monthly rents are $1725. The owner currently pays the following: $50/month for gas to gas water heaters, $54/mo for insurance, and $189/mo for property taxes. With the good rents and few expenses, the CAP rate for this property figures out to be approximately 10%.
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.
