AT ALMOST 3,000 SQ. FT. OF LIVING SPACE ON A 1/4 ACRE LOT (11,250 SQ. FT.). THIS IS A 4 UNITS WITH 2 BEDROOMS; 1 BATHROOM; LAUNDRY AND 1-CARPORT AND ONE UNCOVER SPACE EACH. ALL FENCED IN THIS 4-PLEX IS A GREAT OPPORTUNITY FOR PASSIVE CASH FLOW. EACH UNIT IS CURRENTLY RENTING FOR $650.00 PER MONTH (ALL OCCUPIED AND LONG TERM TENANTS BUT ONE). CURRENT MARKET RENTS ARE $800.00. LANDLORD PAYS FOR WATER, SEWER AND TRASH. TENANTS PAY FOR GARDENER, ELECTRICITY AND GAS. ALL UNITS RENTED. THE DEAL: USING A CONVENTIONAL LOAN 30 YEARS FIXED AND A DOWN PAYMENT OF 25% ($70,000) AT A RATE OF 4.49% YOUR TOTAL OUT OF POCKET EXPENSE WILL BE $77,715.00 AND YOUR MONTHLY MORTGAGE WILL BE $1,407.00 (FIX FOR 30 YRS. AND INCLUDES EVERYTHING). AFTER A FRESH RENOVATION OF THESE UNITS; YOU WILL BE ABLE TO CHARGE $800 PER MONTH. YOUR MONTHLY RENTS WILL BE $3,200.00 AFTER YOU SUBTRACT YOUR MORTGAGE OF $1,407.00 AND THE WATER AND TRASH OF $250.0 PER MONTH YOUR TOTAL EXPENSE WILL BE $1,657.00 EVERY MONTH. THIS WILL YIELD A MONTHLY INCOME OF $1,543.00. PROPERTY WILL NEED TLC. CALL ME TO INQUIRE ABOUT MORE DETAILS AND A SHOWING. CASH OFFERS PREFERRED, HOWEVER CONVENTIONAL OFFERS WILL BE CONSIDERED. JUST CONTACT LISTING AGENT