Beautiful quadruplex with $190,000 in equity and $5,200 in monthly rent income.
If you are looking for a hands-off, management and maintenance free long term investment, here is the property that fills your needs.
Each of the four units are 2 bedrooms, 1 bath with approximately 800 sf each.
Front Units with nice private yard
Plenty of parking on the lot
The property is currently fully rented at $1,300 per unit, which is slightly below market rent. Most tenants are long term renters who are on a month-to-month lease.
You can purchase the property without bank qualifying and a cash down payment of only $93,000 (less than 15%.) Or you can get your own new financing at whatever rate and terms you can qualify.
Appraised at $840,000. - Your price: Only $650,000!
We can offer this property to a cash or credit partner (if you prefer a totally hands-off investment), or you can buy it outright and cash us out of our interest in the property.
This is a great long-term investment that meets all requirements of an astute investor:
1. Make money when you buy
2. Make money every month
3. Make money when you sell
email: tom.b@CaWholesaleDeals.com to grab this fantastic investment deal.
BTW: You could also owner-occupy one of the units and live for free while the tenants are paying down your mortgage...

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