Property Information:
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Other
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Basement Type:
None
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Exterior Finish:
Vinyl siding, Brick
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Floor Space:
5000 - 100000 sqft
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Foundation Type:
Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
