This 5-unit consists of 1 house and a quadruplex on one parcel.

Gross monthly income after renovations/repairs: $3,900

Gross annual income after renovations/repairs: $46,800

All units have new: water heaters, window a/c units, new electrical panels and wiring, water/sewer lines, paint, laminate flooring. The property is fully vacant.

The house:

This entire home is a 2 bed, 1 bath unit. Its roof is 2 years old. After updates and upgrades, this house will easily rent for $1,100 + utilities.

The quadruplex:

Each unit in the quadruplex is a 1 bed, 1 bath unit. The roof is about 8 years old. All of the units are side by side. There are no stairs or up/down units at the quadruplex. After updates and upgrades, each unit at this structure will easily rent for $700 + utilities.