Multifamily 4 Plex For Sale 590 Denslowe Dr

4 plex multifamily housing with great tenants at 100% occupancy! Located in the UNR area these 2 bed/1 bath units are desirable and a great opportunity (total of 8 beds and 4 baths). Ceiling fans in all bedrooms. Astroturf added to the property and looks beautiful! The roof is not more than 10 years old. 2 clean-out spouts upstairs and 2 in the front of the building. 7 designated parking spaces (one for each unit in the back, additional in the front). All but 2 windows were recently updated to double pane windows. Sewer line replaced in recent years. The owner currently pays for water/sewer, tenants are responsible for the rest of the utilities. Rent in 2 units is going up to $1250 in 60 days (currently at $1099). Other 2 units are at $1250. CAP Rate with this is 6.9%. Seller is planning to add a personal property mobile laundry room for common use by the 4 units (estimated a few weeks). Do not disturb tenants. Access with acceptable Offer & Acceptance (O&A) (or) Letter of Intent (LOI).