Description
Rare quadplex investment opportunity – fully rented & ideally located!excellent opportunity to own a fully rented 4-unit multifamily property in a high-demand area. this well-maintained community includes two 1-bedroom/1-bath units and two 2-bedroom/1-bath units—all ranch-style homes with smart, efficient layouts. each unit is on a month-to-month lease, offering flexibility for future rent adjustments or redevelopment. tenants enjoy private carports, a shared laundry facility, and spacious yards that back to a peaceful creek—a unique and appealing setting. the current owner has been top-notch with ongoing maintenance, ensuring the homes remain clean, functional, and easy to rent. two tenants are long-term, and thanks to the location and overall condition, rental demand remains strong. current rents are below market due to long-standing tenant relationships, presenting immediate upside potential for a new owner. zoned multifamily with the township, the property offers expansion potential, such as adding additional units, increasing density, or reconfiguring existing structures for higher-value use (subject to township approval). with all ranch-style homes and utilities already in place, future development is more accessible and cost-effective. this is a turn-key investment with built-in value-add potential—perfect for both seasoned investors and those looking to grow their portfolio with a reliable, income-producing asset. *please do not walk this property without showing confirmation*
Property Type
MultifamilyCounty
OaklandStyle
RanchAD ID
50160957
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Interior Features
- Laundry Facility,Entrance Foyer
- Roof : Asphalt
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Baseboard
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1965
- Building Stories: 1 Story
- Total Units: 4
- Roof: Asphalt
- Foundation/Basement: Crawl
- Architecture: Ranch
Exterior Features
- Private Entry
- Construction: Vinyl
Utility Features
- Sewer: Septic Tank (Existing)
Water
- Well (Existing)
-
Property / Lot Details
Lot Information
- Lot Size: 0.72
- Dimensions: 106 x 244 x 170 x 234
- Waterfront Description: Creek
Property Information
- SQ ft: 2072
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $699,990
Listing Information
- Possession: At Close
- Legal Description: T1N, R7E, SEC 4 PART OF SE 1/4 BEG AT PT DIST N 245.60 FT FROM SE SEC COR, TH S 73-41-00 W 244.14 FT, TH N 169.78 FT, TH N 88-42-00 E 234.37 FT, TH S 106.50 FT TO BEG 0.72 A
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,401
- Parcel Number: 2104477015
Possession
- At Close
Legal Information
- Legal Description: Section: T1N, R7E, SEC 4 PART OF SE 1/4 BEG AT PT DIST N 245.60 FT FROM SE SEC COR, TH S 73-41-00 W 244.14 FT, TH N 169.78 FT, TH N 88-42-00 E 234.37 FT, TH S 106.50 FT TO BEG 0.72 A
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 4
Multi-Unit Information
- Road Frontage: Private,Alley
Unit 1 Information
- # of Bedrooms: 2
Unit 2 Information
- # of Bedrooms: 2
-
School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
- Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 07/26/2025 @ 07:03
- MLS: 628547883
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 6 bedrooms which is for sale, it has 2,072 sqft, 1 sized lot, and Carport parking. are nearby neighborhoods.