11 bedroom house for sale

Overview

Excellent Investment Opportunity in Chateau Estates North! This is a short sale and the amount has been approved by the bank. This property offers spacious interiors suitable for either a four-unit rental or an ideal family home with great income potential. Three units are 3 beds/2 baths, with a estimate of $1, 800-$2, 200 monthly rent per unit. Additionally, there's a 2 beds/1 bath unit with rent potential of $1, 200-$1, 400 per month. While some rehabilitation is required, three interior units have already undergone updates, including flooring, cabinets, vanities, and paint. Minor repairs are needed for these units, with the exception of a ceiling repair and tub crack in one of the units. Newer HVAC systems are installed in the updated units. Unit D, a 3-bed/2 bath unit, presents an opportunity for further renovation with the need for kitchen cabinets and floor/joist repairs. Each unit features washer/dryer hookups and off-street parking with some carport storage space. The exterior requires wood repairs, painting, fence repairs, and a roof replacement in the near future. All units have separate water meters. Don't overlook this incredible deal with projected rental monthly income up to $8, 000!!! No utilities will be turned on. Permits required to turn on utilities. Property will not go FHA or VA.