Price Drop! Cash Flowing 4 unit in Green Bay

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Price Drop! Cash Flowing 4 unit in Green Bay

Corey ReymentPro Member
Wholesaler · Green Bay, WI · Member since 2016 · 136 posts · 41 votes

Comps between $120,000-$140,000. Was asking $89900 for the contract. Must close by this Friday! October 13th. 

Market rents in this area are $550-$650 per month. The current tenants are month to month so the rents could be increased. There are 4 electric meters so the utilities could be charged to tenants. Landlord currently pays water. 

Repairs needed - Will need a new roof. Estimates around $15-$18K. The electrical is the fuse panel style. The furnances are older but functioning per the seller. 

If the contract is not sold by Friday, the current owner plans to just keep the property. Don't miss out on this opportunity! We also know some great property managers in the area we can refer you to if you are an out of town investor! Call Corey at 920-639-3125 for more information and pictures! 

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