Description
Investor opportunity! Property is configured as a fourplex with two units occupied and two vacant, offering upside in rental income based on full occupancy at market rates. Pro Forma monthly income is $3,700 with projected NOI of $32,796 and a Pro Forma cap rate of 9.94% at $330K. All units currently share one utility meter; buyer to verify utility separation feasibility.
$320,000
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0BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
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1,781SQFT
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$180$/SQFT
School Information
Offered by JPAR EP (869)
Description
Investor opportunity! Property is configured as a fourplex with two units occupied and two vacant, offering upside in rental income based on full occupancy at market rates. Pro Forma monthly income is $3,700 with projected NOI of $32,796 and a Pro Forma cap rate of 9.94% at $330K. All units currently share one utility meter; buyer to verify utility separation feasibility.
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