Fully rented block construction quad-plex can provide solid income from day one! Two 3 bed/2 bath apartments and two 3 bed/1 bath apartments. Each unit has a rear porch with its own laundry room. Roof replaced in 2014. New windows and sliding glass doors in 2014. Parking lot repaved in 2017. No deferred maintenance surprises here. Water, sewer and trash paid by the owner. Current rents are $775, $825, $825 and $875 with full security deposits. Room for future rent increases as leases expire. Financials are based on actual history, not projections. Over a 7% return from Day 1 with the ability to increase to over 13%. Possible package deal to acquire a second building, 14303 N 18th St, as well.
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