Exceptional investment opportunity! This established, income-producing fourplex features four fully occupied rental units generating $57,000 in annual gross rental income. The desirable unit mix includes two upstairs two-bedroom apartments and two downstairs one-bedroom apartments, each with individual laundry hookups. Upstairs unit laundry rooms are large and have been used as another small bedroom. Additional investor-friendly features include individually metered gas and electricity, eight dedicated parking spaces (two per unit), and exceptionally low operating expenses, including property taxes and insurance. Landlord-paid utilities average just $4,600 annually, helping preserve cash flow and maximize investment potential. Whether you're expanding your real estate portfolio or searching for a cash-flowing multifamily investment property, this four-unit apartment building is an opportunity worth exploring! No pets permitted, with the exception of one approved ESA.
Listing courtesy of Century 21 Everest (Centerville).
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