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All offers will be considered. Investors wanted great property with loads of potential.
Lowest priced 4 plex in the area. 4 units all rented and remodeled. Large corner alley lot may be built unto or tear down and build new like area is demanding. Great tenants low maintenance building, close to all.
Rents are $650-700 depending on lease. Low maintance fees. We pay water, outside electrical (30. or less) and trash plus gardener tenants pay the rest. 3 new tubs, 4 new stoves, tenants provide refrig and own washer/dryers, new carpet and paint, 2 new a/c units, all units rented.
Large side and front yard plus outside balcony for upstairs units.
Great responsible tenants. Rents could be higher but out of respect for tenants we haven't raised them since 2006.
Owners may do 1031 exchange at no cost to buyers.
Large lot has lots of potential for a larger complex or maybe condos.
Buyers to verify highest best use of property.
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Equal Opportunity Housing