Address:
{$house.listing.address.address_line_1$}
{$house.listing.address.city$}, {$house.listing.address.state$} {$house.listing.address.postal_code$}
Price:
{$house.price$}
Listing Number:
{$house.listing.listing_number$}
{$metadata[0]$}:
{$metadata[1]$}
Description: Offering package sale of 10 Fourplexes townhomes (40 Units) , 2 stories Built year 1985 and Renovated 30 units in 2021,2022,2023 and 10 units can be improved to fetch higher rent to increase value. This will be a good Strategy Value-Add multifamily for the positive cash-flow. The current average effective rent $1300, whereas the average market rent is $1450. All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow. Great brick fourplex with 90% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. Rentable Sqft 43520 Sqft, Total Land 3.16 Acres, Configuration 2 Bed and 1 ½ Bath. **Seller is willing to break the parcel into minimum 5 fourplexes**

{$adm.title$}
Virtual Flyer
PDF Flyer
Share
Click For Audio 🔇