Quad-Plex with 4 Attached Homes in Great Location with Quick Access

Asking $ 600,000
  • Presenting a lucrative investor opportunity in the form of a well-designed two-story Fourplex, situated adjacent to a serene creek and within the confines of a top-tier school district.
  • Each unit boasts a sought-after amenity – a fireplace – ensuring tenant appeal and higher rental potential.
  • Floor plans feature a half bathroom on the lower level for added convenience.
  • Venture upstairs to discover 2-3 spacious bedrooms per unit, along with a fully-equipped bathroom.
  • The prime location, combined with its proximity to an esteemed elementary school, makes this property an investor’s dream.
  • Three out of four units are occupied with month-to-month leases.
  • With strong potential for rental income and long-term growth, don’t miss the chance to expand your portfolio with this exceptional Fourplex.
  • Updated On:
  • January 24, 2024
Property Id : 60625
Price: Asking $ 600,000
Property Size: 1,266.00 ft2
Property Lot Size: 5,064.00 ft2
Rooms: 24
Bedrooms: 10
Bathrooms: 7
Year Built: 1985
Garage: Attached
Garage Size: 4
External Construction: Vinyl Siding
Roofing: Composition
Rent (mo): 5600
ROI (ann): 20.3%
Cashflow (mo): 944
Property Taxes (mo): 500
Insurance (mo): 250
Repairs (mo): 400
Management Fee (mo): 75
Leasing Fee (ann): 1950
HOA (mo): 50
Vacancy Rate (ann): 48
Other Features
deck
fireplace
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 3,594.31
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,844.31

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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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