SOLD

Great Investment Opportunity Four Plex Home – Annual ROI 23%

Asking $ 390,000
  • 4-plex
  • 2 bed / 2 bath units, 1965 built, total sq ft 4,494
  • Fully Rented
  • All kitchen appliances.
  • Parking: Behind the building.
  • All units have been renovated.
  • All units come with a refrigerator, dishwasher, and range.
  • 2 leases have been signed recently.
  • Each unit has separate gas and electric meters.
  • Community Laundry room in the basement.
  • Each unit comes with a storage unit in the basement.
  • All units mirror each other.
  • All bathrooms are in similar condition.
  • Updated On:
  • January 24, 2024
Property Id : 58798
Price: Asking $ 390,000
Property Size: 4,492.00 ft2
Property Lot Size: 10,890.00 ft2
Rooms: 7
Bedrooms: 2
Bathrooms: 2
Year Built: 1965
External Construction: Brick
Roofing: Synthetic
Rent (mo): 4392
ROI (ann): 23%
Cashflow (mo): 556
Property Taxes (mo): 410
Insurance (mo): 175
Repairs (mo): 280
Management Fee (mo): 272
Leasing Fee (ann): 1314
HOA (mo): 125
Vacancy Rate (ann): 4
Other Features
back yard
deck
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 2,336.30
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,848.80

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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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