Property Description

Back on the market after the buyer's financing fell through. This property is a quadruplex bringing in $6,375 per month! This package includes two parcels being sold together (131 & 133 Saint Charles), offering a total of 4 rental units with separate utilities, a rented detached 2-car garage, and a large storage shed with potential for additional income, a driveway that fits 2 cars, and an off-street lot that fits 4-6 cars. With two units on month-to-month leases it creates a perfect house hacking opportunity: live in one and let the others pay the mortgage. This property has undergone approximately $180,000 worth of major renovations and repairs over the last few years. Notable updates include a full roof replacement, sump pit remediation, and significant upgrades to the electrical systems in multiple units. Both 133-B and 133-A received comprehensive interior renovations, including kitchen and bathroom remodels, new finishes, and improved insulation. UNIT BREAKDOWN: (Unit 131-A) 2 Bed / 1 Bath unit rented at $1,515/month; (Unit 131-B) 1 Bed / 1 Bath unit rented at $1120/month; (Unit 133-A) 2 Bed / 1 Bath unit rented at $1,720/month; (Unit 133-B) 3 Bed / 1 Bath unit rented at $1,470/month; Garage rented separately at $550/month; Total monthly income is $6,375. Property is being sold as-is. Buyer is responsible for the township U&O certificate. Sewer inspections have already taken place, and both have passed.

Property Features

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