Active

$570,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 3417 sq ft
Overview
  • ID: MFRT3536644
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 3417 sq ft
Property Details
Remarks
Contract fell through as buyer could not get approved for financing, we welcome all serious buyers who are preapproved. Welcome to this exceptional investment opportunity in a prime location! This fully renovated and updated property features four identical 2-bedroom, 2-bathroom units, each designed with meticulous attention to detail. One unit has been intentionally left vacant to facilitate easy showings, allowing potential buyers to experience the high-quality finishes and modern amenities firsthand. Remaining units will be shown one under contract. Each unit boasts a spacious layout, contemporary kitchen with stainless steel appliances, stylish bathrooms, and in-unit laundry. The tenants, all on one-year leases, enjoy the comfort and convenience these beautifully upgraded homes provide. Investors will be thrilled with the financial prospects of this property. With an impressive monthly rental income of $5,700 and average rents of $1,450 per unit, this property promises steady cash flow and a high return on investment. Operating expenses are kept low, further enhancing the property's profitability. Don't miss out on this turnkey investment in a sought-after area, offering both immediate income and long-term appreciation potential.
Financial Considerations
Price:
$570,000
HOA Fee:
45
Tax Amount:
$5400
Price per SqFt:
$166.81
Tax Legal Description:
SEC 25 TWP 15 RGE 22 PLAT BOOK W PAGE 029 GREENFIELDS UNIT 1 BLK D LOT 12
Exterior Features
Lot Size:
10890
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1985
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    5390 SE 29TH PL
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