$1,600,000
Description
Under contract-accepting backup offers. Solid Cash-flow investment! three abutting parcels with a quad-plex each. All 2 bedroom 1 bath units for a total of 12-units renting for $1450 a month each. Leverage your investment with up to 60% LTV, varies by DCR of 1.14 to 1.31, allowing for vacancies. Easy to manage; full management in place for past 11 years, all deposits in escrow. Before any showings, confidentiality agreement must be executed, then all financials can be made available. Zoned CG, future land use is bringing in new development, increasing value of subject properties. Buyer Disclosure statement required; Proof of funds, pre-qualification and EMD with offer; NO WHOLE-SELLERS OR ASSIGNMENTS!
Listed by Julio Guzman, .
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: TB8310863
Room Information
| Laundry | Inside, Washer Hookup |
| Total Baths | 12 |
| Total Beds | 24 |
Property Features
| Additional Parcels | Yes |
| Construction Materials | Block |
| Cooling | Central Air |
| Heating | Central |
| Interior Square Footage | 9,072 |
| Lot Size Acres | 0.36 |
| Lot Size Square Feet | 15,681 |
| Roof | Shingle |
| Sewer | Public Sewer |
| Stories | One |
| Water Source | Public |
| Windows | Blinds |
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