1010 E 8th St N

Description

Real Estate Investors! Here is your next Cash Flowing property that beats the 1% rule! This 4-plex has the potential to produce $2600+ per month when fully occupied. There are (3) 2-bedroom units and (1) 1-bedroom unit. Unit 1012 (1-bedroom) is currently rented for $575 per month. Unit 1016 (2-bedroom) is currently rented for $715/month. Units 1010 and 1014 are vacant at this time and have the potential monthly rent of $700+ each. The property has been and is currently managed by a local professional property management company. Owner pays trash. Tenants pay water and electricity. Each unit has its own meters. 6' tall privacy fence in the backyard. Recent property improvements include some new flooring, new kitchen sinks, redone bathrooms, up to code electrical, vinyl windows, and much more. This property also qualifies as an excellent House-Hack. Live in one unit while renting out the rest! Add this to your real estate portfolio or begin that portfolio now with this well taken care of 4-plex!