Great to Own 4 Plex Investors Opportunity – Have your Tenants Pay Off the Mortgage

Asking $ 510,000
  • Instant equity based on appraisal!
  • (Recent appraised value on 8/14/22 = $570k) These units all mirror each other.
  • They are all 2 bed, 2 bath with decks/patios off the back.
  • Private parking in the rear.
  • The basement has ample storage for each unit and a community laundry room.
  • Fridge, range, and dishwasher to stay in each unit!
  • HVAC systems are 2015 models.
  • 8012 and 8018 are currently rented out.
  • 8012 and 8014 are vacant.
  • 8020 is direct to the south and also available for purchase.
  • Updated On:
  • November 7, 2023
  • 2 Bedrooms
  • 2 Bathrooms
  • 4,492.00 ft2
  • Year Built: 1965
Property Id : 58835
Price: Asking $ 510,000
Property Size: 4,492.00 ft2
Property Lot Size: 10,890.00 ft2
Rooms: 6
Bedrooms: 2
Bathrooms: 2
Year Built: 1965
External Construction: Brick
Roofing: Synthetic
Rent (mo): 4800
ROI (ann): 19.9%
Cashflow (mo): 284
Property Taxes (mo): 410
Insurance (mo): 185
Repairs (mo): 280
Management Fee (mo): 301
Leasing Fee (ann): 1451
HOA (mo): 125
Vacancy Rate (ann): 4
Other Features
back yard
$ 3,055.16
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,417.66

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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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