12 Bedroom
6 Bathroom
5,000 - 100,000 sqft
Central Air Conditioning
Forced Air
$2,650,000
Welcome to 1107 Gretchen Court, a well-located property that hosts both a 2016 built fourplex and a 2024/25 built duplex all on one lot for a total of 6 units on one property. Each of the spacious units offer stunning curb appeal and all the conveniences that appeal to a wide spectrum of tenants. Each of the 6 units on this turn key investment property are approximately 1100sqft and feature 2 bedrooms, 1 bathroom, natural gas forced air furnace, and central air conditioning. The upper units in the fourplex host west facing balconies while the main level units in the fourplex have both a front entrance and a rear entrance off the parking lot. This property currently grosses $135,648 annually, and with market priced rents has a potential gross revenue of $156,000 annually. Current operating expenses are $22,465.50 and Net Operating Income is $113,182.50. 24h Notice minimum for all showings. As per for 244, seller required 24h irrevocable on all offers. (id:63476)
Property Details
|
MLS® Number |
X12814648 |
|
Property Type |
Multi-family |
|
Community Name |
717 - Cornwall |
|
Parking Space Total |
8 |
|
Structure |
Patio(s) |
Building
|
Bathroom Total |
6 |
|
Bedrooms Above Ground |
12 |
|
Bedrooms Total |
12 |
|
Appliances |
Water Heater |
|
Basement Type |
None |
|
Cooling Type |
Central Air Conditioning |
|
Exterior Finish |
Vinyl Siding, Brick |
|
Foundation Type |
Concrete, Slab |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
5,000 - 100,000 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
187 Ft ,10 In |
|
Size Frontage |
110 Ft ,4 In |
|
Size Irregular |
110.4 X 187.9 Ft |
|
Size Total Text |
110.4 X 187.9 Ft |
Utilities
|
Cable |
Installed |
|
Electricity |
Installed |
|
Sewer |
Installed |