370 S State Street , 1-4

Description

4-plex cash cow opportunity. Cash flow on this will be $700 x 4=$2800 + laundry income + storage income; monthly. Property has been owned since Mid-September of 2020. Recently renovated (65k) all 4 units and they look virtually alike. 2 units recently rented on a 1 yr lease at $700 monthly each. Current tenants have been vetted for employment records proven. Each unit is 600 sq ft and has its own bedroom, bathroom, kitchen, ovens and refrigerators etc. other 2 units just finished renovation at the end of the year and placed on the market in January for rent. Central heat, A/C, and common areas paid by owner. Tenants pay for viewing after accepted offer and proof of financing/funds. Agent principle owner: corporate owned. Additional income opportunity here is in the basement.