4-unit apartment building.. Good deal or no?

[Alex Henriksen]

This building would be my first property and I would be living in it as well. The listing price is 194,000.
4 unit 1 bed 1 full 0 half 0 1/4. 750 sqft each

est age 53 years

Neighborhood isn't that great. Kinda hoodish but not terrible.

Est taxes for 2011/3,209.

The apartments are already rented and each apartment rents for around 580.

If nothing needs updating is this a good deal?
What would be deal breakers?
thanks in advance for inputs!
Any other advice is welcome!