Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender! 4 point/T12/Rent Roll available upon request. Fully occupied multi-family in New Springfield. Currently grossing $5250 mo Seller open to financing. 30% down, 6% IO payments, $2000 mo repayment, 5 year balloon. First position only. 2 properties on 1 lot. Quadplex main home in front and duplex apartment in rear. All units are fully updated 1 bed 1 bath units. The property features paved walkways, a fenced yard, and convenient access to Downtown, hospitals, and major redevelopment corridors. With increasing rental demand and room to further improve value, this is an ideal opportunity for investors seeking cash flow, upside, or a value-add project in a growing market. Do not disturb tenants.
Listing courtesy of COLDWELL BANKER ANABASIS REALTY.