608 East Main Street
Upside-For Sale Or Trade
Marketing description
-Upside Upside Upside!!!
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For Sale Or Trade.What do you have to trade? Don't miss this Mixed Use Commercial Residential Quadplex, money-making opportunity Four-Plex to start you off as a landlord or just add 4 more units to your growing portfolio. We also have another four-plex and tri-plex for sale so you can purchase 4 units, or 7 units, or 8 units, or 11 units. These are really nice units well maintained you will be proud to own and rent or live in one. What do you have to trade???????
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Wonderfully designed and nicely maintained, well-built four units on extra sized lot of 8276+/- sf lot leaving the potential ADU or ADU's build out. Front Commercial Lot with a residential 2 & 1 attached residential building. In the back is a duplex with each unit being a 1 & 1 rental or personal residence. Four detached garages. All 4 units are designed for a quiet relaxing lifestyle. How many ADUs I don't know. Gas & electric bills go directly to the tenant's units-based on separate electric and gas meters for each unit!!!, so the tenant has to pay for them. The water is double master metered. There is a water meter for the front commercial unit, and a second meter for residential units, with both water bills being paid by the owner. Lots of parking for each unit on this extra sized 8,276+/- sf lot. Very nice rental income. Property sold as-is and do not talk to the tenants. Nicely maintained units. Refer to private remarks for rental income stream.
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Don't miss this great opportunity. What do you have to trade?
Investment highlights
-This is a new listing and I am waiting to receive the info on the computer fields for the number of buildings, the gross scheduled income, the total operating expenses, the net operating expenses, the gross income, the insurance, the electric if any, the trash the water/sewer, the total expenses. Once I get these numbers, I will input them, but as of the time of the listing I am putting in zero. This will be changed once I get the numbers.
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Property sold as-is. Well maintained units. Private Don't bother the tenants or anyone at property. ADU potential.
Rents are the following. 608 ½ actual rent $1,685 Pro Forma Rent researching. 608 E Main Commercial Front Unit actual rent $800, Pro Forma $1,100. Back Duplex 608 A 1 & 1 checking rent. Hud. Pro Forma $1,800. 608 B 1 & 1 $1,285 Pro Forma $1,800. Overtime rents seem to always go up, so sell it please.
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