10 bedroom house for sale

Overview

Welcome to your next lucrative investment in the heart of a thriving rental market! This renovated 4-unit bldg offers an exceptional opportunity for any buyer. This property promises excellent rental income potential with a current annual income of $57, 600, boasting a solid 9% cap rate: (2) 1BR/1BA apts at $900/mth and (2) 4BR/2BA apts at $1500/mth. Along with new siding and roof, all of the 4 units have been renovated: updated kitchens/bathrooms, flooring, new HW tanks + clear City CO. Located in a sought-after rental market area, this property benefits from high demand for quality housing. With a strong tenant pool and consistent rental history, you can expect minimal vacancies and reliable income streams. Whether you're an experienced investor or a first-time buyer, this turnkey property offers a hassle-free investment opportunity. With renovations already completed and tenants in place, you can start generating income from day one. Generating an impressive $57, 600 in annual income at a 9% cap rate, this property offers a solid return on investment. With potential for future rent increases and appreciation, you can capitalize on the steady growth of the local rental market. Close to amenities, public transportation and major thoroughfares, this property offers convenience and accessibility for tenants. From shopping and dining options to parks and entertainment, everything tenants need is within reach. Don't miss out on this exceptional investment opportunity in a thriving rental market! For more details and to contact: https://realtyww.info/homes_allentown-d523756/for-sale_i72111175