Excellent investment opportunity with this fully occupied fourplex offering immediate, stable cash flow. The property features four income-producing units, with two units leased at $1,250/month and two units leased at $1,050/month, generating $4,600 in gross monthly rental income. Tenants are responsible for their own utilities and pay an additional $70 per month for water and sewer, helping minimize owner operating expenses. This turnkey property is ideal for investors seeking a stabilized asset with reliable income and long-term investment potential.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $399,990 | $167 | Keller Williams Realty Red Stick Partners |
| Year | Annual Amount | Description |
|---|---|---|
| $0 | WARD: 1-3, SUBDIVISION: MAGNOLIAPLACE, LOT: 13, BLOCK: 1. |
Elementary School South Boulevard Extended Day School | 0.6 miles away | PK - 05 | |
Senior High School Mckinley Senior High School | 0.7 miles away | 08 - 12 | |
Elementary School Polk Elementary School | 0.6 miles away | PK - 05 |