Description
Well maintained 4-plex in the heart of Post Falls. The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an ''end unit'' with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. Each unit also has LVP flooring. This complex is LOW maintenance. Located a few blocks from schools, parks and shopping. The property features the modern amenities that high quality tenants expect and is being sold fully occupied with professional management in place. Current gross rents are $7,435/month and the actual expense ratio (management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5,397/month. Perfect for professional or novice investors and owner occupant investors as well!
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
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4,992SQFT
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$267$/SQFT
Description
Well maintained 4-plex in the heart of Post Falls. The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an ''end unit'' with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. Each unit also has LVP flooring. This complex is LOW maintenance. Located a few blocks from schools, parks and shopping. The property features the modern amenities that high quality tenants expect and is being sold fully occupied with professional management in place. Current gross rents are $7,435/month and the actual expense ratio (management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5,397/month. Perfect for professional or novice investors and owner occupant investors as well!
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