$475,000 • living size area 2826 sqft

*multiple offers. h/b due sun 6/13 at 5pm est.* fantastic four-plex, no flood zone!! room to increase rents! one story block four-plex in a great residential neighborhood. lot size is 120 x 116. this property is extremely well maintained and is perfect for the investor or live-in landlord. 2-2 bed/1 bath & 2- 1 bed/ 1 bath units. each unit has its own electric meter, water heater, appliances and separate hva/c system. separate laundry with coin operated washer & dryer. plenty of off-street parking (10 spaces including carport), close to i-275, loads of shopping, schools, parks, etc. updates: #1 has new bathroom recently work on and new ac in and out (evaporator and compressor-you called them differently) was installed #2 was very recently refreshed, new appliances replaced old ones and the ac compressor was replaced #3 unit was refreshed, new outside windows replaced, ac units in and out were replaced in the past 3 years, new appliances were purchased. #4 new entrance door, front window replaced with lot bigger window, and new bathroom and kitchen completely refurbished including new appliances. a new ac unit with a bigger heating coil unit was installed a few years back. most appliances were replaced in every unit, and new washing and drying "coin units" replaced in the common washroom/laundry area recently a new roof was installed approx 2010-2011. #1,rent $700, lease expires sept 21 #2,rent $750, lease expired may 21 #3, rent $650, one bdr, lease expires june 21 #4 in front ,biggest 1 bdr. $750, lease expired expenses: insurance $3,740, taxes $5,570, utilities $3,818 gross income - 36,000. noi - 22,872

Multi Family - COLFAX CITY

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