This Quadplex will make a great long-term rental addition to your portfolio or you can move the tenants out and fix and flip for a great profit.

PROPERTY DETAILS - MULTI-FAMILY (Quadplex)

• 4 Units - 1 Bed/1 Bath Each
• 2,334 sqft (Lot - 7,802 sq ft)
• Pier and beam foundation
• Roof - Composition Shingle
• Remine®:$274,825

PROPERTY CONDITION - LAND USE (Apartments)

• Rehab Level - Moderate
• Rehab estimates $12,000-16,000/unit
• Air Conditioner - Window Units
• Roof - Good condition
• Electrical - Needs to be replaced
• Siding - Needs to be replaced
• 2 of the 4 Units have updated flooring
• 2 Units NEED updated flooring

COMPARABLE:

901 Ohio Ave - (4/2, 2,368 sq ft, land 7,800 sqft, 1948) SOLD FOR $280,962

TENANT INFORMATION

• All units are Tenant Occupied, metered separately; 3 units are $500/month; 1 unit is $450/month
• One unit has pending eviction (Disputing rent)

RENTOMETER

601 Louisiana Ave (4/3.5, 3,749 sqft) - $3,250

533 Naples St (4/2, 2,398 sqft) - $2,200

1217 Annapolis Dr (4/3, 1,312 sqft) - $1,800

AIR DNA ESTIMATES (If available)

Average Daily Rate: $121

Occupancy: 52%

Estimated Revenue: $22,778

SEE DOCUMENTS FOR THE REPORT FROM NEIGHBORHOOD SCOUT

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For more details, please call (512) 812-8317 or email Sales@acfbuyshomes.com

ACF Property Liquidators is selling its equitable interest in the contract to purchase the aforementioned properties. All properties are sold for cash or hard money. Buyer's responsibility to do your own due diligence and verify all information. Prices are NET to the seller with the buyer paying all closing costs unless otherwise stipulated. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. Buyer is to pay a $595 closing fee to an external transaction coordination company.