8 PLEX (2 4PLEX on 2 lots)8 identical 2 bed, 1 ba remodeled units. Always rented. Two 4Plexes on two separate parcels for easy conventional financing. Willing to sell one 4Plex at $499,000.Individual electric and gas meters. Master water meter for each 4PLEX. About $80,000 in annual gross rental income. About $55,000 NOI when self managed.Seller is a licensed real estate agent in the state of Arizona.
4 PLEX4 identical 2 bed, 1 ba remodeled units. Always rented.Individual electric and gas meters. Master water meter.About $40,000 in annual gross rental income. About $30,000 NOI when self managed.Seller is a licensed real estate agent in the state of Arizona.
PRICE REDUCED on this great well-maintained income property for an individual or investor! Owner just put on new 30yr roof September 2015 and painted the exterior August 2015. Two-story duplex, each unit offers 2 bedrooms and 1.5 baths. Washer and dryer are included with the upstairs unit. Property has a consistently strong rental history for a constant income flow and currently brings in $2050 per month. Tenants require 48 hours notice to show and will let agent in, not on lockbox. CLO today to see this excellent income property.
Great opportunity to own just the lot. 3+ years left on the lease. $415 per month tenant pays for lot rent and all the utilities too. All you will pay is the property taxes. Owner just replaced the sewer line. 8.0% ROI after property taxes are paid. Listing agent is related to the seller.