Collects $1500 Rent/Month (Multiply by 12 months....$18K/Yr)
Total Expenses:$510/Month
1 Two bedroom & 3 one bedroom
Apartments are currently vacant.
Needs some minor cosmetics/TLC.
Property being sold as is condition.
It has free & clear title,no liens & taxes are current.
Property Analysis:
Ask:85K
Sqft:3000
Yr Built:1900
Gross Rental Multiplie..
**WOW** A $350,000 4 PLEX for only $200,000!!! THats almost 50% DICOUNT from retail value. MUST SELL NOW!!
4 PLEX, all 2/1's. Pulls in $3700/month. Just renovated last year, needs no work at all!
Buy for $200,000 and enjoy MASSIVE CASHFLOW, plus HUGE EQUITY. No joke.
Wont Last, CALL NOW!!
**If emailing, MUST INCLUDE CONTACT INFO***
Unlike most multifamily properties in Greater Phoenix, this fourplex has individual meters not only for electricity but for water as well. What this means to the owner is that there are NO utility costs. One of the most annoying and unpredictable cost are utility costs, especially in properties were there are washers and dryers as in this property...
Great new fourplex, walking distance to the Idaho Center, new community college BSU annex, and new shopping. This 4-plex is being built to condo standards as condos could get $100,000 more per building if converted into condos. Each unit comes with fireplace, garage and all appliances.
Management shall be onsite FSG, the site will have many ameniti..
Removated Fourplex, 100% occupied, beautiful building.
All units 2bd, 1ba
Separate Utilities
Laudry Income
Each unit is rented for $550.00ea
Expenses:
Insurance: $200.00 per month
Property Taxes: $333.00 Per Month
Property Manager: $200.00 Per Month
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