Great FourPlex Home in a Quiet Location Cul De Sac Treed Lot

Asking $ 480,000
  • Tenants pay ALL utilities – the owner has no responsibility for utility bills.
  • This keeps the owner’s expense ratio very low.
  • Tenants will stay longer due to the safety and security of the fourplex.
  • Excellent building condition – 2-story – townhouse.
  • Simple cosmetic updates can get a new owner to the top of the market rents, keeping the basis low and cash flowing very well for years to come.
  • Live in one unit, rent out the others.
  • Well maintained by the current owner.
  • Excellent suburban four units that will cash flow, grow in value and create lasting wealth.
  • Updated On:
  • May 2, 2023
  • 12 Bedrooms
  • 6 Bathrooms
  • Year Built: 2001
Property Id : 58318
Price: Asking $ 480,000
Property Size: 6,00000 ft2
Property Lot Size: 15,24600 ft2
Rooms: 26
Bedrooms: 12
Bathrooms: 6
Year Built: 2001
Roofing: Composition
Rent (mo): 4800
ROI (ann): 22.9
Cashflow (mo): 654
Property Taxes (mo): 325
Insurance (mo): 250
Repairs (mo): 300
Management Fee (mo): 308
Leasing Fee (ann): 123.8
Vacancy Rate (ann): 4
Other Features
back yard
$ 2,875.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,275.44

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