Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | Pets Allowed |
| Area: | 4009 sq ft |
| Lot Size: | 0.3 Acres |
Financials
Price:$1,200,000
Annual Taxes:$21,674.31
Listing Courtesy of Keller Williams Realty Consult
Exceptional investment opportunity offering immediate cash flow, generating approximately 120, 000 in annual revenue and a 7.
Description
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
Amenities
- BBQ
- Cable Not Available
- Storage
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
