This property is a frame 6 flat, with 2 bedrooms and 1 bath in each unit and a coach house behind with 2 bedrooms and 1 bath for a total of 7 rentable units.
This multi-unit has coach house and currently rented for $450 and one of the upstairs units is rented at $350. Three other units are rented at $400, for a total monthly cash flow of $2000. The two ground floor units need new kitchen and bath appliances and flooring and could use a coat of paint. Once rehabbed they could add an additional $800 of monthly cash flow. The owner has moved out of state and wants to sell quickly so she is offering this property at just $50,000 (plus finder's fee) Let me know if you are interested and I can arrange a showing. Have a wonderful day.
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