MLS ID: 20510859

Introducing an exceptional UPDATED quadruplex investment opportunity, this property stands as a valuable asset for any portfolio. Consisting of four distinct units, each comprising two bedrooms, one full bath, and one half bath, it boasts versatility and potential. With approximately 780 sqft per unit, currents rents are $1,120 with the avg. market value increasing to approximately $1,400 per month. Ideally situated near public transportation, shopping, and dining, it attracts tenants seeking both comfort and convenience. Investors can anticipate long-term capital appreciation, with the option to gradually increase rents, ensuring a stable and profitable investment for years to come. The total portfolio includes 4 quadplexes, a total of 16 units sold together at $2,100,000. Approved for Section 8 and professionally managed by a property management company with excellent tenant relationships. Don’t miss this opportunity to enrich your portfolio with these thriving quadruplex properties!

Listing by: Briggs Freeman Sotheby’s Int’l, Eric Hacker