Unique Well Maintained Benton Park Four Family

Unique well-maintained 4,032 sq ft four family building located in Benton Park. Walkable to Benton Park, Lafayette Square, Blue City Deli with easy access to highway 44. Building features two 2 bedroom units and two 1 bedroom units. Three units are currently occupied; the 1 beds are currently rented for $500 and $475, the 2 bed is rented for $700. With updates the 1,200 sq ft 2 bedroom units could potentially rent for $975 and the 1 beds for $600 for each. Fully rented with updated units the gross monthly income could be $3,250 a month and $39,000 annually. Building has updated systems including electrical panels, HVAC, plumbing, central air. The property includes a landscaped courtyard and area for potential off-street parking.

Expenses:
Water/Trash $1,400
Sewer $840
Maintenance $4,000
Insurance $1,816
2019 Taxes $2,857
Total $10,913

Paying buyers agents 2.70%