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Income-Producing 4-Plex Investment Opportunity! This fully rented and cash-flowing ranch-style 4-plex is an investor's dream! Each of the four units is a recently renovated 1-bedroom, 1-bath space, currently renting for $650 per month, providing steady and reliable income. Electricity is metered separately, with tenants covering their own usage. Water, sewer, and gas are shared (one meter each), with tenants responsible for an even quarter of the total cost. The landlord covers common area electric. A brand-new roof installed just 1 year ago ensures low maintenance while outdoor parking spaces are available for tenants.This turnkey property requires minimal management while delivering consistent returns. A perfect addition to your portfolio! Don't miss out on this rare find!
LAST UPDATED | 11/21/2024 | YEAR BUILT | 1965 |
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COUNTY | Manitowoc | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
School District | Two Rivers Public |
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High School | Two Rivers |
ADDITIONAL DETAILS | |
HEAT | Electric |
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LOT | 10454 sq ft |
SEWER | Public Sewer |
TAXES | 1623.34 |
WATER | Public |
ZONING | Comm |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Keller Williams - Manitowoc
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