Get 5.5% fixed rate, 30-year financing with seller’s preferred lender!
Appraisal completed in fall of 2024 came in at $585,000.
Own a fully occupied, cash flowing 4-plex built in 1996 in great condition. Current lease rates are about 10% under market. Two leases are currently month-to-month and the other leases end May 31 and September 1. This allows rents to be fully to market rate in a short time. Existing property management is available for 2-years at a 6% monthly management fee. See attached proformas for both current rents and market rents.
Second 4-plex next door is available. See listing for 209 Joyce Street.
