$395,000

About This Property

Great Investment opportunity!!! Strong rental history: one tenant in place for five years, the other for three years. Currently on a month to month lease agreement (60 day notice is required to vacate). Both units were remodeled in 2017 and have new kitchens, bathrooms and stainless steel appliances. Both Air conditioners were replaced within the last five years. At Current ask price and rent Cap rate is 8.47%. Rents have been increased starting on 3/1/2022 to $1500 per side. Ring in the new year right and don’t let this opportunity slip through you fingers. This corner lot has endless potential for growth and design changes. Property is being sold as-is. Please see comments below for showing instructions. Please respect tenants privacy and do not view without scheduling a showing prior. 48 hour notice is required. Owner is licensed real estate agent.

infoProperty Details

Property Type

Duplex

Year Built

1987

Lot Size

0.41 acres

Bedrooms

4

Bathrooms

4

Days on Market

42

Cumulative DOM

132

List Date

Dec 17, 2021

Sold Date

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Marc Joseph Realty

239-939-1145