5909 SHADYDELL Drive
Property Description
INCOME-generating 2-story brick fourplex offered at 100% occupancy. Each unit features a functional 2-bedroom, 1.5-bath floor plan with both bedrooms and a full bath upstairs, plus a kitchen, spacious living area with wood-burning fireplace, half bath, and laundry area with full-size washer-dryer connections downstairs. Each unit also includes kitchen appliances, a private fenced patio, rear covered parking with 2 spaces per unit, and storage. The property is in great condition with stable annual leases in place. Current average effective rent is approximately $1,300 per unit, while market rents are estimated at $1,500+ per unit, creating a strong opportunity to increase income upon lease renewals and improve cash flow. Do not disturb tenants. Showings will only be permitted after an executed offer and submission of proof of funds.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $625,000 |
| No. of Units: | 4 |
| Year Built: | 1985 |
| Opportunity Zone: | No |
| Price per unit: | $156,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 8 |
ID: 3yd-NTREIS-21294849
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