Courtesy of: Erica Post, CENTURY 21 Western Realty, Inc, erica@century21western.com
Courtesy of: Erica Post, CENTURY 21 Western Realty, Inc, erica@century21western.com
$433,000
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2 bed
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3,968 square feet
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1.00 Bath (1 Full)
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Lot: 0.20 Acres
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Quadruplex
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$433,000
11500 Meadow Lane 4 Income-producing Stafford 4-plex generating 47K+ annually in current rent, with potential for future growth. Four spacious approximately 1, 000 SF, 2-bedroom units feature private patios/balconies, fireplaces, and in-unit laundry. A recently updated unit has been leased at a higher rent, with only one unit remaining in need of updates, offering additional value-add potential. Improvements include foundation repairs completed in 2024 with a lifetime transferable warranty, plus more than 50K in remodeling, repairs, and new A/C systems. The monthly HOA covers exterior maintenance, common grounds, water, sewer, landscaping, and trash service, simplifying ownership. Property qualifies for Section 8 housing, expanding the potential tenant pool. A maintained roof and substantial completed improvements further support this established rental investment. Contact for financials and additional details.
Courtesy of: Erica Post, CENTURY 21 Western Realty, Inc, erica@century21western.com
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