Fully remodeled and rent-ready. Based on current rental comps, projected cap rate is 8.36% with cash flow of $40,524. With these returns, this property can afford a professional property manager. Perfect for the seasoned or neophyte investor, or ideal for an owner-occupant to live in one unit and rent out the other for significant income.
Remodeled 4 BR/2 BA Duplex Units, 1353 SF Each
Property has been fully remodeled with finishes chosen for long wear and low maintenance, including all new wood-look vinyl plank flooring, new scratch-resistant melamine kitchen cabinets, new countertops and appliances. Updated baths with new vanities and tops. New Roof in 2018! Units have separate meters for gas and electric; water is paid by landlord. This duplex has a history of quick lease-up of long-term tenants.
Hurry in…this great investment opportunity won’t last!