No work to do here. Property is fully rented with all tenants paying rent on time.
Collect you rent checks with no headache of rehabbing the property.
4 Units
1 bedroom 1 Full bath for unit 1 will rented for $500
1 bedroom 1 Full Bath for unit 2 rented for $475
1 bedroom 1 Full Bath for unit 2 rented for $425
1 bedroom 1 Full Bath for unit 2 rented for $425
Total rent of $1,825 per month.
No work to do here. Property is fully rented with all tenants paying rent on time.
All utilities metered separate. Very low expense for landlord. Landlord only pays water.
Electric baseboard heat in all units.
Outside stairs to the 2nd floor just replaced last year.
Property is managed by a local property manger for a fee of 10%. Property manger is willing to still mange properties and has said this is one of her best buildings.
All leases are in hand and all units have passed rental inspection.
Investor Alert!! Attn to all Buy and Hold investors…this is an opportunity to park your money and collect cashflow. Great 4 unit building with all the work done and tenants in place an up and coming market.