Active Under Contract
Quadplex on the ACU hill built in 1983. Double-height living room with dining area & kitchen that includes all appliances & washer dryer connections. Entry to first-floor primary bedroom is off kitchen with ensuite bath. 2nd floor has bedroom, hall bath, & loft overlooking living area. Loft has closet & it would be a simple conversion to enclose loft for 3rd bedroom. Both end units have sliding glass doors to exterior; one opens to small fenced yard. Two, interior units have privacy-fenced backyard that opens to off-alley parking for all units. Rent for units is $800 per month & current leases allow new landlord to renegotiate rents. Market data for nearby rentals suggests monthly rent between $1200-$1300 is possible for units of this configuration & age. Water, gas (for hot water and central heat), and electric are metered individually. A unique property that could add four good units for an investor looking to begin investing or expand their portfolio.
Listing Office Barnett & Hill, 325-677-3500
Updated 2:08AM - 8/11/2022
Listing Agent John Hill
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