Meticulously Maintained FourPlex Property – Great Investment Opportunity

Asking $ 499,900
  • An exceptional opportunity awaits in the form of a 4plex complemented by an additional plot of land primed for development!
  • Nestled within this burgeoning community, this multifamily gem showcases a blend of two and three-bedroom units, with approximately 75% of the property boasting recent renovations.
  • Step inside to discover a harmonious fusion of modern convenience and timeless charm.
  • Upgrades include new flooring, stainless steel appliances, updated AC units, tastefully remodeled bathrooms, and a fresh coat of paint.
  • Whether you’re a savvy investor seeking to expand your portfolio or a discerning homeowner with an eye for value, this property presents an enticing proposition.
  • Its strategic location and income potential make it tailor-made for a house hacker looking to offset mortgage costs while enjoying the benefits of multifamily ownership.
  • But the allure doesn’t end there, adjacent to the existing 4plex lies a blank canvas of land, perfectly positioned to construct six additional duplexes.
  • Imagine the possibilities of creating your enclave within this thriving community, tailored to meet the demands of today’s discerning renters or homeowners.
  • Conveniently situated in Sugar Creek, residents will relish easy access to a myriad of local amenities, including shopping, dining, parks, and top-rated schools, ensuring a lifestyle of both comfort and convenience.
  • Don’t miss out on this rare opportunity to own a piece of Sugar Creek’s burgeoning real estate landscape.
  • Seize the moment and make your mark with this unparalleled investment opportunity!
  • Updated On:
  • June 1, 2024
  • 12 Bedrooms
  • 8 Bathrooms
  • Attached Garages
  • Year Built:1974
Property Id : 65310
Price: Asking $ 499,900
Property Lot Size: 77,972.00 ft2
Rooms: 28
Bedrooms: 12
Bathrooms: 8
Year Built: 1974
Garage: Attached
Garage Size: 4
External Construction: Concrete
Roofing: Composition
Rent (mo): 4200
ROI (ann): 17.1%
Cashflow (mo): 398
Property Taxes (mo): 300
Insurance (mo): 180
Repairs (mo): 400
Management Fee (mo): 293
Leasing Fee (ann): 1384
HOA (mo): 75
Vacancy Rate (ann): 48
Other Features
$ 2,994.66
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,369.78

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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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