Property Description:
Great investment or owner occupant opportunity!!!! This 4-family is a short ride away from St Joes Hospital and the rest of the Northside business corridor containing local eateries, shopping, and transportation. The neighborhood is in the process of redevelopment, so get in and enjoy the natural appreciation.
Two of the units are currently occupied bringing in a total of $1,500 monthly. The remaining two units are 1 br/1ba and have seen significant updates. The home has received tremendous updates including all new energy-efficient windows, exterior paint, updated electric and gas meters, and much more.
With a bit of TLC, each could easily bring in $650+ per unit, totaling a projected $2800 per month. The estimated total monthly mortgage payment is around $1,050 (including mortgage, taxes, insurance and water) leaving you with a monthly cash flow of around $1,800!!! DO NOT miss out on this opportunity to capitalize on the resurgence of the Northside!