A fantastic investment opportunity awaits with this well-maintained, 4-unit multi-family property, located in the desirable City of Brighton. This fully leased, income-generating building, offers four spacious units, each featuring 2 bedrooms and 1 full bathroom. Every unit has been recently remodeled and is equipped with essential appliances and air conditioning,… Read More providing comfortable living accommodations that appeal to long-term tenants. Main sewer line was replaced with driveway pending completion. Constructed of durable all-brick exterior, this property offers low-maintenance ownership while delivering reliable rental income. Additional features include, shared on-site laundry facilities located in the basement, adding convenience for residents, and a beautiful wooded lot that provides a peaceful, private setting, rarely found in multi-family properties. With all four units currently occupied, this is an ideal turnkey investment for both seasoned investors and those looking to expand their real estate portfolio. The established tenancy provides immediate cash flow from day one. Please note, this property is fully leased, and the privacy and quiet enjoyment of the tenants must be respected. Access to the units will be granted for inspections after an accepted offer. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of The Buckley Jolley R E Team.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multifamily
Square Ft.
3,700
Lot Size
0.46 Acres
Year Built
1972
MLS Number
20261051646
30 Days Snapshot Of 48116
$402k
-9%
(avg) sold price
42
-16%
homes sold
49
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
4 total units, 4 leased units, 4 two-bedroom units, Built in 1972, Architectural style: Common Entry Building, Quadruplex, Brick, 3,700 total square feet, 3,700 combined square feet, 1,800 total basement square feet, Unit count: 4
Cooling
Ceiling Fan(s), Central Air
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Laundry Facility
Lot
Lot size area: 0.46, Lot size dimensions: 133x121x177x170
Miscellaneous
Gross scheduled income: $67,430, Income projection: Actual, Monthly rental income: $5,552, Net operating income: $47,171
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