HUGE PRICE REDUCTION!!! ATTENTION INVESTORS!! Looking to add to your portfolio? I've got an incredible opportunity for you. This well-maintained 4-plex offers a total of 3,842 sq. ft., built in 2007, and sits on 1.4 acres in a peaceful, highly desirable location. With four fantastic tenants already in place, this is a true turnkey opportunity. Each unit is slightly different in layout and design, with walls and ceilings constructed of Structural Insulated Panels (SIPs) — providing superior energy efficiency to save on electric bills and excellent sound resistance for quiet, comfortable living.
The property features ample parking, a shed, and a 24x48 shop. The majority of the shop has recently been converted to a 5th unit featuring 1 bedroom 1 bathroom, kitchenette, and living room. Part of the shop is being used for an office with it's own separate entrance. Great for a business office There is 100 amp 220 Volt for electric. The 5th unit are not calculated into the rental income already being brought in, so this lease amount would be in ADDITION to the $67,800 per year that is already being brought in. The driveway owned by the neighbor and there is an easement
With its prime Midlothian location, peaceful surroundings, and STRONG rental history, this is the investment you’ve been waiting for!
298 days
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405
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17
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Zillow last checked:
Listing updated:
Listed by:
Jada Greenwood0662664612-597-6102,
RE/MAX FRONTIER469-846-0123
Source: NTREIS,MLS#: 21074365
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5
Heating
Electric, Other
Cooling
Ceiling Fan(s), Electric, Multi Units, Other, Window Unit(s)
Appliances
Included: Dishwasher, Electric Range, Microwave, Refrigerator
Features
Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Cable TV
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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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