|
Fourplex Apartment Building For Sale By Owner
|
Property Description |
1564 Harvester is offered For Sale By Owner to investors or owner occupants. This property is valued at $174,000 using comparative sales only, income approach puts value at 200K+. Four 2 bedroom units, each rents for $550 per month, that's $2200 per month or an annual income of $26,400.00 per year. Estimated expenses are $1083 debt service, $276 taxes, $90 insurance. That is $751 per month cash flow, more for an owner occupant buyer. A cash buyer is paid back in full in 7 years.
This is an incredible deal for someone who wants to live in the property but great for any investor who wants a low maintenance, easy cash flow property. All units have new plumbing from city tap, new carpet, paint, they are move in ready. We will fill the units, assist you in filling or you can screen on your own. Seller willing to cover rents until units are filled.
Flexible terms are available in the financing, build in closing costs, appliances etc. |
| Contact person: |
Brain |
| Seller Type: |
PrivateOwner |
| Phone: |
614-260-5537 |
| Email: |
Brian@SHUD.com |
| Web Link: |
|
| Listing Status: |
For Rent |
| Property Type: |
Fourplex |
| Price($): |
155000 |
| Street Address: |
1564 Harvester St |
| City: |
columbus |
| Region: |
Ohio |
| ZIP/Postal Code: |
|
| Bedrooms: |
2 Beds x 4 |
| Bathrooms: |
|
| Stories: |
|
| Square Feet: |
|
| Lot Size: |
|
| Year Built: |
|
| Owner Finance: |
No |
| Cap Rate: |
|
| Net Operating Income: |
|
| Price Per Square Foot: |
|
|
