This well-built 2008 fourplex in the A-class Villas at Chapman Farms neighborhood offers a turnkey, low-maintenance investment or multi-generational housing opportunity featuring two 3-bedroom and two 2-bedroom units, all with 2.5 bathrooms, private garages, fireplaces, and slab granite countertops. Uniquely titled as two separate parcels under one roof, the property… Read More allows for flexible purchase options (either two or all four units) and currently generates $4,415 per month in rent, though these current rents are significantly under market value. Filling the single vacant 3-bedroom unit at a market rate of $1,850 brings the total projected gross monthly rent to $6,265. A professional property management company is already in place and ready to continue, or you can choose your own management to oversee the asset. A quarterly HOA fee of $1,800 handles the heavy lifting by covering a community pool, lawn care, snow removal, exterior and roof maintenance, and structure insurance. No seller finance, please do not ask. Information deemed reliable but not guaranteed. Read Less
Listing Snapshot
Days Online
0
Property Type
Quadruplex
Lot Size
0.08 Acres
Year Built
2008
MLS Number
2616759
Additional Details
Building
Construction Materials: "Concrete", "Vinyl Siding", Year Built: 2008
Cooling
Details: "Electric"
Heating
Heating: "Electric"
Home Owner's Association
Fee: 1800, Dues Frequency: Quarterly
Laundry
Description: "Utility Room"
Lot
Size: 3692
Property
Zoning: RES
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Separate Meters"
Listing courtesy of Lutz Sales + Investments 913-426-5576
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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