Neighborhood: East Oakland, Cashflow 4plex Dtn Phx!!
Brand new remodeled fourplex with great rents. Townhome like apartments with PRIVATE YARDS & in unit Washer/Dryers & dishwashers!! Excellent gross monthly cashflow $6,078, $72,936 yearly. 8.28% Gross Cap Rate, Tenant paid utilities on RUBS!! New HVAC in the 3 of the 4 units, new interiors with wood tile floor, showers, stainless appliances, White Quartz countertops and ceiling fans. Overhead is low. Unit mix of 2, 2 bed x1 bath, 2, 1 bed x 1 bath. This area is hot and transitioning in the Art District of Roosevelt. Hurry will not last with this strong of cashflow. Could add solar and reduce bills even more.
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