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Description
100% OCCUPIED with a 6.29% cap rate! Two neighboring residential 4-plex properties being sold together for a total of 8 units! minutes from East Downtown in the rapidly growing East End Revitalized area. Updated units, new roof Jan. 2024, exterior paint, and recently replaced balcony decking. Previous inspection reports on file. Current rents are 1 @ $700, 1 @ $775, 2 @ $800 and 4 @ $750 with the potential for increase. Owner pays for water only. Low maintenance and easy to manage. This turn-key multi-family opportunity with a strong rental history is one you wont want to miss! Please do not disturb tenants
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*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
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