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4 plex in Arlington with good rental history. Property has (3) 2 bedrooms units and (1) 1 bedroom unit. Each unit has eat-in kitchen, living room, full bath, baseboard heat & window air. Property is all electric & each unit is separately metered for electric; tenants pay electric & landlord currently pays water & sewer. 3 garage spaces currently rented for $50 each per month. Coin operated laundry in basement. New roof in 2014, new gutters in 2018, some newer paint. Property did not flood in March 2019. When property is full, income is $2,500 per month; $600 for each 2 bedroom unit, $550 for 1 bedroom unit & $150 for garages. Rental income could potentially increase due to the high demand for rental property in the area.
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Listing information last updated on July 17th, 2019 at 3:16pm CDT.