4 plex income generator

16 Lake St, Middletown, CT 6457

$355,000 After Repair Value -
$340,000 Asking Price -
$0 Cost of Repairs =
$15,000 Potential Profit

Property Details

Asking Price $340,000

After Repair Value $355,000

Costs of Repairs $0

Potential Profit $15,000

Living Area 3039 ft2

Property Type 4-Plex

Bedrooms +7

Bathrooms 4

Half Bathrooms 0

Parking 4

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $4,450

Yearly Expenses $39,954

Property Taxes N/A

Net Operating Income $1,121

Cap Rate N/A

Property Description

4 unit all under market rents
8 bedroom
4 bathroom
Can be raised to
$1400
$1200
$1000
$850

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