Photo 1 of 1
$495,000
Sold on 7/14/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
2,826 |
$5,802 |
1971 |
On the market:
33 days
|
View full details, 15 photos, school info, and price history
*Multiple Offers. H/B Due Sun 6/13 at 5pm EST.* FANTASTIC FOUR-PLEX, NO flood zone!! Room to INCREASE RENTS! One story block four-plex in a great residential neighborhood. Lot size is 120 x 116. This property is extremely well maintained and is perfect for the investor or live-in landlord. 2-2 bed/1 bath & 2- 1 bed/ 1 bath units. Each unit has its own electric meter, water heater, appliances and separate HVA/C system. Separate laundry with coin operated washer & dryer. Plenty of off-street parking (10 spaces including carport), close to I-275, loads of shopping, schools, parks, etc.
UPDATES: #1 has new bathroom recently work on and new AC in and out (evaporator and compressor-you called them
differently) was installed #2 was very recently refreshed, new appliances replaced old ones and the AC compressor was replaced #3 Unit was refreshed, new outside windows replaced, AC units in and out were replaced in the past 3 years, new appliances were purchased.
#4 New entrance door, front window replaced with lot bigger window, and new bathroom and kitchen completely refurbished including new appliances.
A new AC unit with a bigger heating coil unit was installed a few years back.
Most appliances were replaced in every unit, and new washing and drying "coin units" replaced in the common washroom/laundry area recently
A new roof was installed approx 2010-2011.
#1,rent $700, lease expires Sept 21
#2,rent $750, lease expired May 21
#3, rent $650, one bdr, lease expires June 21
#4 in front ,biggest 1 bdr. $750, lease expired
Expenses: Insurance $3,740, Taxes $5,570, Utilities $3,818
Gross income - 36,000. NOI - 22,872
Listing courtesy of Michelle Chandler, EXP REALTY, LLC