4-Plex! 1Bed/1Bath Apartments – FIX & RENT (cosmetic) ** Multi-Family **

917 Wyllie Ave

Danville, VA

Investor Special!! All units are 1bed/1bath and just need of a little cosmetic work, all Units come with stoves and fridges. Can very easily be rent ready and nice amount of monthly income. Cash machine $$ Should rent $300-350/unit.

Tenants pay own utilities (gas, electric)
Owner pays water ($100-$175/month)

$350 x 4 = $1400/month x 12 = $16800
Expenses:
$150/month x 12 = $1800/yr water
$75/month x 8 = $600/yr grass
$840/yr vacancy 5%
$166/yr taxes
$400/yr insurance
$1680/yr property management

$11,314 / $350a00 = 32% ROI!!!!

*Will consider owner finance with minimum $20k Down.

PRICE: $32,000

CALL 858-633-3758

 

 

 

  • Address: 917 Wyllie Ave Danville, VA 
  • Price: $32,000 
  • Phone Number: 858-633-3758