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Property Description
Incredible Investment Opportunity in Terrace Heights! Don't miss this rare chance to own a well-maintained fourplex in desirable Terrace Heights. Each of the four units offers 2 bedrooms and a functional layout with one bathroom upstairs and one 1/2 bath downstairs--an ideal setup for comfort and privacy. Each unit features excellent outdoor living, including a front patio and yard, a second-story balcony with scenic views, and an enclosed rear patio--highly desirable amenities for tenants. This income-producing property has seen numerous recent updates, including all electrical panels upgraded in 2025, along with fresh interior paint and new carpet throughout. Each unit is equipped with baseboard heating and its own separate A/C unit, providing year-round comfort and efficiency for tenants. The roof is less than 10 years old, offering valuable peace of mind for future ownership. Two units are serviced by well water, helping keep utility costs manageable. Current expenses are approximately $245/month for water and sewer and $55/month for garbage. This is a strong income-producing property, generating approximately $1,800 per unit per month (approximately $7,200 total monthly income). All units come furnished and include appliances, making this a truly turnkey investment opportunity. Whether you're expanding your portfolio or stepping into investment property ownership, this fourplex offers excellent cash flow potential in a sought-after location.

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