Now available! Priced below May 2024 FHA Appraisal of $540,000! 6.8% actual capitalization rate. This high income producing quadruplex is located the popular SE area of town. This quadruplex features four wonderfully renovated 2/1 units. All of the units are presently occupied on annual leases. This property features ample parking as well indoor laundry in each unit. The nearby amenities such as schools, groceries, shopping centers, and restaurants create a high rental rate. This translates into a very profitable opportunity for any new owner. Each unit is outfitted with its separately metered gas, waster, sewer, and electric. Overall the high rental rates, excellent location, and ease of management make this a very lucrative opportunity. No owner finance. Not a distressed sale. Please inquire today.
Listing courtesy of BUSCH REALTY. 352-690-1909
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