This RARE lake county multifamily is located on a quiet, residential street in a small lakeside community in Eastlake just moments from the Lake. It features 4 unique layouts and each unit has a private garage. There are 2 units currently owner occupied that will be vacant at closing. One of which is 2 stories with 3 bedrooms, 1.5 baths and feels more like a townhome. These units could offer the new buyer a perfect opportunity to house hack and purchase with an FHA loan and low downpayment! The occupied units are both 2 beds and are rented at 750 and 950 (both below market) with leases that expire in October. You could increase the rents immediately after closing for additional cash flow. Full market rent is conservatively $5000/mo or $60,000/year. Thanks to many split meters, the expenses are extremely low at about $15,000/year. (That includes 8% property management, taxes, Maintenance, insurance and utilities that owners are paying to live there). The units are very nice inside and need nothing to get rented. There are small small cosmetic updates you could do to any place to create a nicer aesthetic and would only push your potential rents even higher. Showings with appointment only. Schedule yours before it’s gone.