About 2503 Flanigan Court
EXCEPTIONAL 4-FAMILY INVESTMENT OPPORTUNITY! Recently updated throughout with modern finishes and efficient mini-split HVAC systems in every unit. This well-maintained property features (2) spacious 2BR/1BA units generating $1,100 & $1,200 monthly, plus (2) cozy 1BR/1BA units at $900 & $880. Total gross rental income: $4,080/month ($48,960 annually). Owner pays water only - tenants pay own gas & electric! Estimated 12.8% cap rate with reduced expense ratio - outstanding return in today's market! All units thoughtfully renovated with contemporary updates that attract quality tenants. Additional income potential with rear garage space. Perfect for investors seeking exceptional cash flow. Modern HVAC systems ensure low maintenance costs. Prime location with easy access to amenities. 24 hour notice required for showings. Only Unit 2 available prior to accepted contract. Agent has ownership interest.
