- 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
Year Built: 2001
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
$ 2,875.44per month
- Principal and Interest
- Property Tax
- HOA fee
Great Multi Family Quadruplex Home – 21.9% Annual ROI
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