7140 Edna Avenue

Description

INVESTOR WELCOME... 4-INCOME PRODUCING RENTALS. ALL 4 UNITS ARE CURRENTLY RENTED & HAVE BEEN FOR SEVERAL YEARS. All 4 units are slightly different in size & year built, but all have a full .16 Acres / 7000 Sq Ft. Seller has never increased their rents, but their rents should bring in closer to $3600 / month or more rather than the current $2500 / month totals. Increasing their rents will give it potential to increase the Net Income to exceed $ 41,000.-- per year. Owner currently pays for trash pickup ($68/month) and electric for the well pump only. Most of the units have both front and rear deck / porch and are VERY WELL maintained! Seller has done updates on some whenever they were vacant except some of the decks were added while tenant occupied. The owner is consistently improving in and around these properties. Currently the seller is updating the lattice around each base. The seller is always improving them. All 4 of these mobiles are on their own land, the road is publicly maintained & is a dead end, so very little traffic to worry about. They have storage sheds either attached or detached on each & simply nice fenced yards and is simply serene. Not all leases are automatically renewed, some are on month to month! Units # Baths # Beds # of Units # Occupied Expected Rent Sq Ft Heated Garage Spcs Garage Att. Type: 2 Bed/1 Bath 1 2 1 1 $550 768 0 No Desc: 7130 Edna Ave & Built in 1976 Type: 3 Bed/2 Bath 2 3 1 1 $650 720 0 No Desc: 7134 Edna Ave & Built in 1973 Type: 2 Bed/2 Bath 2 2 1 1 $800 672 0 No Desc: 7140 Edna Ave & Built in 1985 Type: 2 Bed/2 Bath 2 2 1 1 $800 672 0 No Desc: 7200 Edna Ave & Built in 1990 LISTINGS INCLUDED IN THIS PACKAGE ARE MLS#: U8184075, U8184071, U8184066, & U8183794.