Property Description

This renovated fourplex has historically generated strong rental income, with the seller previously achieving monthly rents of approximately $1,250 for the one-bedroom units and $1,450 for the two-bedroom units over the past several years of operation. All four units are clean, remodeled, and move-in ready, creating an ideal opportunity for an owner-operator or investor to lease the property immediately at market rates. Showings are by appointment only and are scheduled to begin after June 5, 2026. Based on projected rental performance, the anticipated gross monthly income is approximately $5,600 per month, equating to an estimated annual gross rent roll of $67,200. At the current asking price, and assuming approximately 15% operating expenses, the property offers an estimated 7% return based on projected income and expenses.

Property Features

Local Schools