Four unit, recently renovated - this multi-family is an immediate moneymaker. A four unit farmhouse on the outskirts of a two college city is on a large lot. It has access from the state highway which leads to the city's mall area, and a wide main driveway from a quieter residential side road. $100/mo income from sign rental on highway side. Fully rented below market value, this outstanding opportunity features three recently renovated units and a fourth which could be combined with another to make a larger owner apartment, or could be renovated and command a higher rent. Three one bedroom apartments, a fourth with two bedrooms.Tenants pay all their own utilities. Three units have electric heat, the fourth is natural gas. Three apartments are month to month, fourth becomes month to month in August. Long term rentals are in huge demand in this area.
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