(146951) Seller Financing Available with Multiple Value Plays with this Fourplex, Elkhart, IN Sold

  • $72,000 - CCR 23.7% - 5 YR ROI 37.7%
Sold

Collect $1,640/month OR MORE on this 4-Unit Property in Elkhart, IN!
**SELLER FINANCING**

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For less than the price of many Single Family Homes, you can have 4 income-producing units!

PRICED TO MOVE QUICKLY:  $110,000
Don’t miss out!

This multifamily property offers multiple money-generating strategies:

 Pro forma cap rate 9.5%
 Cash on cash return 23.7%
 5 year annual ROI 37.7% per year
 Stable Property in hot rental area
 No repairs needed
 Great mix of one studio, one 1 bed/1 bath, one 2 bed/1 bath, and one 3 bed/1 bath
 Priced to MOVE
 Fully occupied
 Perfect small apartment starter
 Priced below market
 Room for rent increases
 Even more possible value plays!

This is an off-market deal.

Price:
$72,000 - CCR 23.7% - 5 YR ROI 37.7%
Address:
401 State St
Elkhart, IN 46516
Terms:
For Sale
Property Type:
Apartment

Property Location