Explore this income-producing 4-plex featuring two separate houses on one lot, both divided into four rental units. With a total lot size of 6,750 SqFt, this property offers an opportunity for investors looking to expand their rental portfolio.
Property Details:
Property Type: 4-Plex / Multi-Family
Lot Size: 6,750 SqFt
Condition: Dated overall; updates may be needed
Occupancy: Tenant-occupied
Important: Buyer must assume all existing tenants.
Current Rental Income:
Unit 1: 2 Bed / 1 Bath — $2,200/month
Unit 2: 1 Bed / 1 Bath — $1,100/month
Unit 3: 1 Bed / 1 Bath — $1,250/month
Unit 4: 1 Bed / 1 Bath — $1,250/month
Total Monthly Rental Income: $5,800 Total Annual Rental Income: $69,600
Asking Price: $639,000
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