Calling all Investors. Where can you find an income producing quadplex with many updates and upgrades already made but still with room for growth for under $250,000? NO WHERE! This property generates over $2400/mo gross rent at full occupancy. It has had two units fully renovated with two others that can be easily updated. One unit rented on long term lease with two others enjoying the long term benefits of month-to-month leases. This property boosts the 1% rental income-to-value ratio that all savvy investors look for. There are 4 units (1-bedroom x 3 and 2-bedrooms x 1) with spacious living areas and generously sized bedrooms. Individually metered power. No HOA and not in a flood zone. Call listing agent for more details and to make showing arrangements. Don't miss this opportunity to start making money in real estate.
Please do not disturb the tenants.
Property Type(s):
Multi Family
|
Last Updated
|
12/12/2024
|
Tract
|
Not In Subdivision
|
|
Year Built
|
1920
|
County
|
Martin
|
SCHOOLS
| Elementary School |
Williamston |
| Jr. High School |
Riverside |
| High School |
Riverside High School |
Price History
|
Prior to Aug 30, '24
|
$245,000 |
|
Aug 30, '24 - Dec 12, '24 |
$229,000 |
| Dec 12, '24 - Today |
$199,000 |
Additional Details
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Vinyl Siding |
| HEAT |
Baseboard, Electric |
| INTERIOR |
Master Downstairs |
| LOT |
0.38 acre(s) |
| LOT DESCRIPTION |
Level, See Remarks |
| LOT DIMENSIONS |
90x170 |
| PARKING |
Gravel, Shared Driveway |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Not In Subdivision |
| TAXES |
1445.5 |
| WATER |
Public |
| ZONING |
RES |
Location
Listed with COLDWELL BANKER SEA COAST ADVANTAGE
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This IDX solution is (c) Diverse Solutions 2025.
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