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:
  • January 24, 2024
Property Id : 58318
Price: Asking $ 480,000
Property Size: 6,000.00 ft2
Property Lot Size: 15,246.00 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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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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