Description
This property presents a unique investment opportunity in the Drake neighborhood. This property is a 4-plex with a mix of three 1-bed units and one 2-bed unit. In-unit laundry convenience for three of the units.Potential opportunity to owner occupy this 4plex and drastically lower your monthly housing payment.This investment property offers the possibility of increased rental income, as rents have not been increased in over three years. Whether you choose to maintain the current lease agreements or enhance the units to increase market value, this investment presents numerous possibilities.Exterior: The property includes an oversized 2-car detached garage with two driveways and alley access, providing additional income-generating opportunities & beautiful curb appeal with the historic look of this property!If you're in the market for an investment property or house hacking with owner-occupied loan terms, then this 4-plex is a unique opportunity that should not be missed. The property has a current rental certificate. All units are currently occupied by long-term tenants. Lease terms are available upon request.
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5BEDS
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0.14ACRES
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4BATHS
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01/2 BATHS
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1,947SQFT
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$126$/SQFT
Description
This property presents a unique investment opportunity in the Drake neighborhood. This property is a 4-plex with a mix of three 1-bed units and one 2-bed unit. In-unit laundry convenience for three of the units.Potential opportunity to owner occupy this 4plex and drastically lower your monthly housing payment.This investment property offers the possibility of increased rental income, as rents have not been increased in over three years. Whether you choose to maintain the current lease agreements or enhance the units to increase market value, this investment presents numerous possibilities.Exterior: The property includes an oversized 2-car detached garage with two driveways and alley access, providing additional income-generating opportunities & beautiful curb appeal with the historic look of this property!If you're in the market for an investment property or house hacking with owner-occupied loan terms, then this 4-plex is a unique opportunity that should not be missed. The property has a current rental certificate. All units are currently occupied by long-term tenants. Lease terms are available upon request.