Cash Flowing 4 Plex Apartment Building!!

This is a 4 Plex Apartment Building That CASH FLOWS at List Price! There are (4) 2 Bed / 2 Bath Apartments That Include Full Size Washers & Dryers. This Building is 100% Occupied with (3) Tenants in Building for 2-6 Years and 4th Tenant for 14 Months. Two Units Have Been Remodeled with Tile; Wood Laminate & Carpet Flooring; Other Two Units Have Carpet & Vinyl Flooring. Rents are $675; $625; $625 & $625. Markets Rents in This Neighborhood are Currently $675-$750. The Leases for the (3) Tenants at $625 End On 1/31/16 & (2) End On 3/31/16! Plenty of Room to Raise Rents for an Even Better Cash Flowing Building! All Four Units are in Good Condition with Very Little Deferred Maintenance (see pictures)!! The Building Has a Tile Roof and Exterior was Painted About 3 Years Ago. VERY GOOD INVESTMENT

Property Features
  • Apartment
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