It's almost impossible to find a 8.5 Cap rate investment property these days. This 4-unit quadraplex was completely stripped to the studs and renovated inside and out in 2024. Each unit is around 600 sq ft with a living room, modern kitchen, updated bathroom and two bedrooms. Income is $3,985 per month. While these are not new construction, you would be hard pressed to know it from their appearance and quality of construction. You really must see them to understand how well they have been updated and maintained.
Listed By
Agency Name: Bender Realty
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,329.26 per month $1,023.76 Principal & Interest $171.33 Property Tax $134.17 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
555 Wildwood Avenue Se | MLS# 20262092
This multi-family property located at 555 Wildwood Avenue Se, Cleveland, TN 37311 is currently listed for sale with an asking price of $460,000. Search Cleveland real estate on www.fusion2b.com today.