
Courtesy of: Christoph Dewald, EXP Realty, LLC, whitney.meddaugh@exprealty.com
$375,000
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4 bed
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3,552 square feet
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4.00 Bath (4 Full)
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Lot: 0.15 Acres
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Other
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$375,000
3644-3646 Bates Street Attention Investors - FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46, 020 in annual rental income with reported annual operating expenses of approximately $10, 393, producing an estimated Net Operating Income (NOI) of $35, 627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call now for more information
Courtesy of: Christoph Dewald, EXP Realty, LLC, whitney.meddaugh@exprealty.com
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