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Pleased to present a rare, HIGH-INCOME producing 4-unit property on a massive lot in the heart of Spencer. IDEAL for an investor or owner occupant. Total monthly income is currently $5,100/month with potential for easily $6,000+. Furthermore, each unit can generate a minimum of $2,500/month on its own via AIRBNB. That's $10,000/month. You can rent out some or all of the units to college students during the school year and Airbnb in the summer - or you can have some or all units in long-term leases. Either way, this will be a money-maker for you. You could even build more units on this massive lot. The options and flexibility are endless. Owner updated all of the heating, plumbing, and electrical systems in 2021. All utilities are separated and paid by tenants. Fully fire-coded + will meet FHA/VA requirements. Convenience to shopping, dining, and highway access, this property has so much ...
Pleased to present a rare, HIGH-INCOME producing 4-unit property on a massive lot in the heart of Spencer. IDEAL for an investor or owner occupant. Total monthly income is currently $5,100/month with potential for easily $6,000+. Furthermore, each unit can generate a minimum of $2,500/month on its own via AIRBNB. That's $10,000/month. You can rent out some or all of the units to college students during the school year and Airbnb in the summer - or you can have some or all units in long-term leases. Either way, this will be a money-maker for you. You could even build more units on this massive lot. The options and flexibility are endless. Owner updated all of the heating, plumbing, and electrical systems in 2021. All utilities are separated and paid by tenants. Fully fire-coded + will meet FHA/VA requirements. Convenience to shopping, dining, and highway access, this property has so much to offer. This one certainly won't last! Schedule your showing today!
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