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$255,000

4-plex for sale 410 9th ave NE

This is a good opportunity to get into a solid revenue property below market value
Effective build date: 1957 actual:1937
Suites: 4x 1bedroom 1bathroom
Both main level suites renovated
Currently renovating one basement suite (replaced all cast iron plumbing, gutted, insulated wall and pouring concrete with in floor heat)
3/4 suites occupied with reliable long term renters
Owner pays heat water & laundry
Tenants pay own electricity
Grosses $32400 annually
Work needed:
-new windows would decrease utilities and increase appeal
-could use new exterior siding
-landscaping could be improved upon

You could get into place for the same price as a much smaller house this same age, live in the one currently being renovated, pay your mortgage and bills and still pocket money every month. A no brainer for a handy person whom is leery of this inflated housing market