904 S Bullis Road
Property Overview
Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.1% cap rate and an 10.9 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.
Home Details
- Property type
- ResidentialIncome - Quadruplex
- Year built
- 1954
- Lot size
- 4,056 sq ft
- Parking
- 4 spaces
- Garage
- 4 spaces
- Stories
- 2
- Days on market
- 58
- MLS status
- Active
Features & Amenities
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- View
- None
Utilities
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 904 S Bullis Road
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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