1118 E 6th St
Property Description
Wow! Incredible value on this turnkey investment opportunity! Priced to sell, this solidly built two-story 4-plex offers an outstanding opportunity to own a well-maintained, income-producing property with a proven rental history and current gross rental income of $3,850/month. Recent improvements include fresh exterior paint, newer LVP flooring, fresh interior paint, updated bathrooms in select units, and updated kitchens in select units, making this a true turnkey investment. Each of the four units features 2 bedrooms, 1 bathroom, washer and dryer hookups, and separately metered gas and electric service, while the lower units also offer valuable bonus basement space. Tenants enjoy covered front porches on the lower units, covered balconies on the upper units, and a fully fenced yard. With owner expenses limited to water and trash, this low-maintenance property is designed to maximize cash flow. Whether you're adding to your portfolio or purchasing your first multifamily investment, it's hard to find a turnkey 4-plex at this price. This aggressively priced 4-plex is being sold As-Is, presenting an exceptional opportunity for investors to acquire a turnkey, cash-flowing asset at an outstanding value.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $350,000 |
| No. of Units: | 4 |
| Year Built: | 1923 |
| Lot Size: | 4,000.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $87,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-PARCO-241580
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