High cash flow low maintenance properties for sale.
Property #1 Quadplex - $875 + $800 + $700 + $500 Total $2875.00
Property #2 Triplex - $1200, ,$1800.00 a month. One unit remaining and will list for $1250 a month. Total $3000.00
Property #3 Duplex - $1000, one unit turning over listed for $1100. Pending tenant approval. Total $2100
Property #4 Duplex - $750 + $1075. Looking to improve the units this Fall and look for new tenants with higher rent. Total $1825
Leases available. Most units have been updated within last 2 years. Tenants pays all utilities except water/sewer/trash.
Quad - $300 a month, $3600 a year
Triplex - $200 a month, $2400 a year
Property #3 Duplex - $150 a month, 1800 a year
Property #4 Duplex - separate metered tenants pay.
Property taxes average $1200 per building per a year.
Rental License $25 per unit per year
Lead Registration $30.00 per unit per year
Property insurance $130 per month
Current monthly gross rent $8700.00 excluding 1 vacant unit($1250) and 1 pending unit($1100). Annual projected full rent based on fully occupied is $132,600.00.
All tenants are easy to maintain and look out for property owner as well as neighbors.