$350,000 Sales Price
Fully Rented 3 Unit Multi-Family
Well maintained home on very quiet street in a nice community. The tenants share a front a large porch and yard, plus barbecue and tables out back for Summer fun.
Currently Rented Under Market at a combined $3150/mth.
Market Rents at Tenant Turn Over with refresh = $4500/mth!
We will refresh units for you one at a time, or all at once. Owner’s choice.
*Unfinished basement could also be finished to increase size, appraised value & rental income for 1st floor unit!
– 1st Floor Unit: 6mths remain in current lease at $1250/mth – 3 bedrooms, 1 bath, renovated kitchen, LR, DR and Sunroom.
– 2nd Floor Unit: Month to Month at $1000/mth – 3 bedrooms, 1 bath, LR and DR, Kitchen.
– 3rd Floor Unit: Month to Month at $900/mth – 2 bedrooms, 1 bath, Kitchen and LR.
Insurance: $1000/yr
Taxes: $6527/yr
Property Management: 10%
NO HOA