Complete repipe and redrainFresh interior paintNew water heatersUpdated bathroomsUpdated electrical wiringRemodeled kitchen
Quadplex Opportunity! Investors, don't miss this exceptional opportunity to own a fully updated four-unit income-producing property with immediate cash flow and outstanding upside potential. This well-maintained quadplex features four spacious 2-bedroom, 1-bath units, each with its own refrigerator, range, window A/C units, and individually metered electric, water, and sewer, allowing tenants to pay their own utilities. The property has been converted to city sewer, eliminating septic concerns, and offers dedicated parking for each unit. Major capital improvements have already been completed, including a new roof and re-roof (2024), complete repipe and redrain, new water heaters, updated electrical wiring, fresh interior paint, remodeled kitchen, updated bathrooms, newer window A/C units, and luxury vinyl plank flooring throughout all four units. The property is nearly move-in ready, making it an easy addition to your investment portfolio. Enjoy immediate rental income with one unit leased at $800/month and another at $850/month, while the remaining two vacant units are ready to lease at current market rates, giving the new owner the opportunity to increase cash flow right away. The property is also HUD approved, further expanding your tenant pool. Looking for even greater returns? This property may also be an excellent PadSplit opportunity, offering investors the potential to maximize rental income through an alternative investment strategy.
Whether you're expanding your portfolio, completing a 1031 exchange, or purchasing your first multifamily investment, this property checks all the boxes with strong infrastructure, separate utility metering, and excellent income potential.
Opportunities like this are hard to find. Schedule your private showing today and secure this outstanding investment before someone else does!
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Zillow last checked:
Listing updated:
Listed by:
CANDICE WILLIAMS904-614-3353,
UNITED REAL ESTATE GALLERY904-500-3948
Source: realMLS,MLS#: 2159829
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Electric, Separate Meters
Cooling
Wall/Window Unit(s)
Appliances
Included: Electric Range, Electric Water Heater, Refrigerator
Features
Flooring: Tile, Vinyl
Interior area
Total interior livable area: 2,576 sqft
Property
Parking
Parking features: Assigned
Features
Levels: Two
Stories: 1
Has view: Yes
View description: Other
Lot
Size: 6,969 Square Feet
Features: Other
Details
Parcel number: 0864260000
Zoning description: Multi Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Block
Roof: Other
Condition
New construction: No
Year built: 1954
Utilities & green energy
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected