Parcel ID: 050 038 | Lot Size: 3.3 Acres | Units: 6 (1 Duplex, 1 Quadplex) Key Highlights Fully Leased: 100% occupancy, providing stable cash flow Recent Upgrades: 5 of 6 units fully or partially renovated with LED lighting, LVP flooring, appliances, fresh paint, and essential repairs Building Improvements: All siding, windows, and doors replaced; duplex balconies rebuilt; roof repairs completed Zoning & Development: City allows up to 46 units; property may be annexed with minimal effort Utilities: Gas and electric metered separately; landlord pays water for quadplex; septic systems in place with dormant city sewer hookup for expansion. Investment Highlights Immediate, stabilized cash flow from fully leased units Low near-term capex with most upgrades completed Future expansion opportunity with up to 46 units allowed by city zoning Convenient utilities and infrastructure with potential city sewer connection
45 days
|
125
|
11
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Zillow last checked:
Listing updated:
Listed by:
Lasha Kortava858-212-7473,
Kortava Financial Network, Inc.
Source: GAMLS,MLS#: 10786879
Facts & features
Interior
Heating
Central
Cooling
Central Air
Features
Basement: None
Has fireplace: No
Property
Parking
Parking features: Parking Pad
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Lot
Size: 3.31 Acres
Details
Parcel number: 050 038
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Vinyl Siding
Condition
Updated/Remodeled
New construction: No
Year built: 1983
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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