The 2735 Franklin St Fourplex is located in Beaumont, Texas. The asset was built in 1962. The previous owner reports a installing a new roof approximately 15 years ago. Window units are used to provide A/C. The property stays fully occupied and rents are very low. The owner believes a $60K rehab could push rents to $600-$700 per unit each month (this would be what Housing pays).
Blue collar profile, ideal for a small investor to own as a starter investment!