Asking $649,000. This is a rare great condition legal 4 unit building. One parking space. Unit 1: 2 bed/1 bath, Rented for $1,200. Unit 2: 1 bed/1 bath, Rented for $1,250 (could convert to a 2 bed). Unit 3: 2bed/1 bath, Rented for $1,285. Unit 4: 2 bed/1 bath, Rented for $1,180. All fair market rents are $1,600-$1650 for these units, rented under market value! Current Annual Rent- $58,980. Current Annual Expenses- $28,801. NOI- $30,179. The Building has all separate utilities. All units are central ac/forced hot air. Attached is the Income/Expense Report for others to reference
