125 AVENIDA DE BAHIA

Multiple offers. This is a 4plex with an additional 4plex right next to it. Owner owns both and each 4plex is $625,000. Price reflects any deferred maintenance and is priced for immediate sale. Currently one unit is left vacant for showings. Properties are on a well but county water can be connected as it is there. The current rents have not been updated in a long time and the rental income figures are based on rental property managers quoting a min of 1200 per month per unit and not the current income. Expected net income figure is after property taxes only. The 4plex next door is 127 Avenida De Bahia and the MLS # is: N6125784. By both for a total of 8 units at $1,250,000. There are only 3 existing leases remaining over all 8 units as the rest are month to month. Please be discreet when looking at the property and please do not disturb tenants. Septic tank replaced 8/2017. Six of the 8 central air conditioners were replaced in 2018 and 2019.