Courtesy of: Christine Tiderington, Coldwell Banker Town & Country, ctidhomes@gmail.com
Courtesy of: Christine Tiderington, Coldwell Banker Town & Country, ctidhomes@gmail.com
$699,990
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4.00 Bath (4 Full)
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Lot: 0.72 Acres
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Ranch
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$699,990
57035 Bonne Terre **Rare Quadplex Investment – Fully Rented with Upside** Here’s a rare opportunity to own a fully rented four-unit multifamily property in a high-demand area with low township taxes—perfect for a 1031 exchange. The property has two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, all ranch-style with smart, efficient layouts that make them easy to rent. All units are month-to-month, giving flexibility to adjust rents, make updates, or plan for future redevelopment while maintaining cash flow. Current rents are below market, creating immediate potential to increase income. These units have been meticulously maintained and are in excellent condition, ensuring they remain attractive and easy to rent. Tenants are responsible for electric and snow removal, while the owner covers gas (including energy-efficient boiler) and lawn care, keeping operating costs predictable and cash flow steady. Tenants enjoy private carports, shared laundry, and spacious yards backing to a quiet creek—an uncommon feature that adds appeal. Zoned multifamily, the property may have potential for higher-density redevelopment (subject to township approval), such as adding units or reconfiguring existing structures. This is a turnkey investment with multiple ways to grow value—hold for income, increase rents, or explore redevelopment. *Please do not walk the property without confirmed showings
Courtesy of: Christine Tiderington, Coldwell Banker Town & Country, ctidhomes@gmail.com
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