Property Description

INCOME + UPSIDE in a gated community on the rise! 4-plex in the Village at Karen generating $4,278.50/month ($51,342/year): Unit A $950, Unit B $928.50, Unit C $1,250, Unit D $1,150. Units A and B sit below the community's typical $1,075-$1,200 range, leaving built-in rent upside. Since 2025 the seller added four security doors (approx. $15K), replaced one A/C, significantly repaired two others, and replaced or repaired about a dozen appliances, so less near-term capex for the next owner. Each unit is 2 bed/1 bath with central A/C and washer/dryer hookups. Get in before the community's makeover is done: board-approved new entry gates are already built and set to install, Google Fiber is approved community-wide with fresh asphalt and concrete to follow, plus a new landscaping company, rotating building paint, and pool, spa and fire-safety upgrades. Ideal for an investor or an owner-occupant who wants to live in one unit and let three help pay the mortgage. HOA covers grounds, exterior, sewer, trash, pool and playground.

Property Features

Local Schools