About This Property

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.