Turnkey 4-Unit Multi-Family in Prime Lansdowne Location – Ideal for Investors or Owner-Occupants! Don’t miss this incredible opportunity to own a well-maintained 4-unit multi-family property in the heart of Lansdowne! Perfect for investors seeking strong rental income or an owner-occupant looking to offset their mortgage with rental income. Property Breakdown: Unit 1B (Vacant – Ideal for Owner-Occupant!): First-floor 1-bedroom unit, recently renovated from top to bottom—move-in ready! $1,400/month projected rent. Unit 2B (Vacant): Spacious second-floor 3-bedroom unit, ready for a new tenant or customization. $2,000/month projected rent. Unit A1 (Rented – $1,650/month until 1/31/26): First-floor 2-bedroom unit, providing immediate cash flow. Unit A2 (Rented – $1,950/month until 8/31/25): Second-floor 3-bedroom unit, generating strong rental income. Financials & Expenses: Total Annual Rental Income (Fully Rented): $44,400 actual, $84,000 projected Annual Taxes: $11,713 Annual Insurance: $1,738 This property offers a fantastic mix of stability and opportunity, with two units already rented at market rates and two vacant units allowing for owner occupancy or new leases at competitive prices. Located in desirable Lansdowne, close to shopping, dining, public transportation, and major roadways, this versatile investment won’t last long! Schedule a showing today!
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Listing information last updated on February 8th, 2025 at 11:03am CST.