$425,000 • living size area 3248 sqft

Excellent investment property ownership opportunity! well maintained quadruplex is comprised of four (4) 2 bedroom/ 1 bathroom units with 812 interior square feet per unit for a grande total of 3,248 square feet. all units are presently tenant occupied with leases in place (earliest expiration date of 12/20) and three of the four units are section 8 approved with rents direct deposited monthly. potential for rent increases in the future as rents are set less than comparable area rental estimates. building is noted as having roof replacement (2017), all a/c systems (compressors / air-handlers) have been recently replaced (unit a - 2019/unit b - july 2018/unit c - may 2017/unit d - november 2017) and all water heaters were replaced within the last three years. with a 25% down payment, this investment property boasts an impressive 16%-19% estimated roi within an area that has a history of stable and consistent growth. close to shopping, hospitals, usf, restaurants, easy interstate access & more.

Multi Family - TEMPLE TERRACES

Basics

Locations

Features

Description

Similar Properties in this Area