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MOTIVATED SELLER! Low priced investment property with great ROI. Annual Net Inc: $18,750; Mo. Gross Inc: $1,750; Mo. Net Inc: $1,562. Owner pays only property tax & gen. liability insurance - Combined total: $2,250 per yr. Total monthly expenses: $187 per mo. Tenants pay all utilities, grounds maintenance, etc. 4 separate units with 4 different tenants & 4 different mailing addresses. All 4 existing tenants pay on time & have all been there for a min. of 3 yrs. Tenants are mo. to mo. so tenants can be evicted or rent increased with 30 days notice. Avg daily traffic count: 31,684. Entire property consists of 5714 Jewella ($450 per mo), 5716 Jewella ($450 per mo), 5720 Jewella ($500 per mo), 5724 Jewella ($350 per mo). P&L statement provided with NDA & proof of funds or pre-approval letter. Extended inspection period allowed for physical inspection once under contract. No showings or inspections until accepted contract with some exceptions. Assessor's addresses do not match actual.
Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 25th March, 2023 4:39 PM (UTC)
Listing Agent: Steven Mabry
Listing Office: Century 21 Elite