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Anchorage Garden & House
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2864 E 42nd Ave
2864 E 42nd Ave
$428,000
Nov 17, 2024
Description

Fabulous cash flow for the investor! Super cute well done and updated 4 Small and 1 Tiny House. Each building has one bedroom and one bathroom. The tiny house has a shower only, no tub. Many built-ins including the beds with dressers. So very well done! Long term renters. Each unit has the choice to use a raised garden bed alos has 6 producing apple treesand a sweet little court yard. Units are separate buildings so no common area to be concerned about and each tenant has there own 4 walls! Next summer Muni is putting in brand new water lines and septic lines! One unit has historical interest as it once was a 10 man barracks back in the day, although hard to see that now - its beautiful! Nice walkway to each unit off the ground. Rent all 4 for a wonderful cash flow opportunity or live in one unit and rent the others. Great area close to medical! Units are always rented. Currently owner occupies one unit. Rents are consistent for the 3 rented units bringing in $3,400 per month. Seller pays utilities. Rents have not been increased in quite a while.

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