SOLD 3/5/18 FOR $200,000
This quadraplex is fully-leased and offers an excellent value-add opportunity. With current rents at an average of $550, improvements and repairs would support a significant rent increase. A new roof was installed in 2015 and all four units are identical, two-bedroom and one-bath floorplans.
| Unit | Type | Size | Rent |
|---|---|---|---|
| A | 2 BD/1 BA | 772 SF | $590 |
| B | 2 BD/1 BA | 772 SF | $590 |
| C | 2 BD/1 BA | 772 SF | $515 |
| D | 2 BD/1 BA | 772 SF | $515 |
| TOTAL | 3,088 SF | $2,210 |
| PIN | 083112775206 |
| Tax Value | $152,453 |
| Taxes | $2,052.77 |
| Lot Size | .432 ACRES |
| Year Built | 1988 |
| Exterior | MASONITE |
| Floors | CARPET, VINYL |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMP |
| Utilities | PAID BY TENANT |
| Legal Description | HILLCREST ADN MOREHEAD J L/LT#04-07 INCL |
| Appliances | RANGE, REFRIGERATOR, W/D CONNECTIONS |
| Sold Date | 2018-03-05 |
| Zoning | RU-M |
Agent Information Thomas T Furlow