Quadplex Multi Family Home – Great Investment Opportunity

Asking $ 305,000
Elmendorf Street, ,
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Overview

  • Updated On:
  • July 15, 2022
  • 12 Bedrooms
  • 8 Bathrooms
  • 5,400.00 ft2
  • Year Built: 1998
  • Each unit is two levels with three bedrooms, two bathrooms.
  • Two of the units are currently occupied and two are vacant.
  • One unit rents for $762 and the other rents for $758.
  • All units are separately metered.
  • The current occupied units have long term tenants.
  • Unit D has recently been updated and is move in ready.
  • Each unit is spacious and open, with tall ceilings and a kitchen that opens into the main living area.
  • The master bedroom is downstairs with it’s own spacious bathroom.
  • Upstairs are the two bedrooms and the other full bathroom.
  • The property is conveniently located only 12 minutes to downtown and near Hwy 58 & 17.
  • No showings until an accepted contract is in place.
  • Do not disturb the tenants.
  • Buyers to verify all information.
Address: Elmendorf Street
Area:
State/County:
Zip: 37406
Country: United States
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Property Id : 49381
Price: Asking $ 305,000
Property Size: 5,400.00 ft2
Property Lot Size: 17,859.00 ft2
Rooms: 28
Bedrooms: 12
Bathrooms: 8
House Number: 2211
Year Built: 1998
Rent (mo): 3600
ROI (ann): 40.5
Cashflow (mo): 962
Property Taxes (mo): 405
Insurance (mo): 220
Repairs (mo): 100
Management Fee (mo): 272
Leasing Fee (ann): 70.8
HOA (mo): 0
Vacancy Rate (ann): 4

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