
**Four Units. Multiple Income Streams. One Investment Opportunity.** Looking to expand your rental portfolio? This Hutchinson fourplex offers four one-bedroom units, a detached garage, and additional storage, all at an asking price of just $79,500. That's under $20,000 per unit! With scheduled rental income of $1,821 per month, including garage rent and water reimbursements, this property offers an opportunity to acquire an established income-producing asset. The property features vinyl siding, a detached single-car garage, a spacious 30' x 18' storage building, and off-alley parking. Four individual water heaters and an electrical system with circuit breakers add to the property's functional features. Whether you're growing an existing portfolio or exploring your next multifamily acquisition, this fourplex deserves a closer look. Review the numbers, explore the possibilities, and see how this property could fit into your investment strategy.
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $1481 | NZD $2,639* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Reign Real Estate
Property ID: 110121103848
Original Property ID: 3yd-HBRKS-55815