4 unit income property only 2 blocks from the beach
4 unit + Private garage only 2 blocks from the beach. Huge cash flow!
Marketing description
4 Unit Income property just 2 blocks from the Beach. 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income. Total gross monthly rental income is $5,600. Tenants pay their own power (4 power meters). Landlord pays the water bill of approximately $350 per month (1 water meter). One of the tenants does basic lawn maintenance. The seller may consider holding a private mortgage with 50% down and acceptable terms.
Investment highlights
4 Unit Income property just 2 blocks from the Beach. 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income. Total gross monthly rental income is $5,600. Tenants pay their own power (4 power meters). Landlord pays the water bill of approximately $350 per month (1 water meter). One of the tenants does basic lawn maintenance. The seller may consider holding a private mortgage with 50% down and acceptable terms.
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