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True duplex property offering two separate units with individual entrances, ideal for investor or house-hack buyer. Property provides opportunity for rental income from both units or owner-occupancy with income from the second unit. Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details). Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rents for this neighborhood at $1,190/mo. Total projected monthly income: $2,380. The property was fully renovated in 2022. New electrical, plumbing, and flooring. Zero deferred maintenance. Easy to lease in this area. Strong rental demand location with long-term income potential. Property may be suitable for value-add or stabilization strategy depending on buyer's plan. Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR, producing a...
True duplex property offering two separate units with individual entrances, ideal for investor or house-hack buyer. Property provides opportunity for rental income from both units or owner-occupancy with income from the second unit. Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details). Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rents for this neighborhood at $1,190/mo. Total projected monthly income: $2,380. The property was fully renovated in 2022. New electrical, plumbing, and flooring. Zero deferred maintenance. Easy to lease in this area. Strong rental demand location with long-term income potential. Property may be suitable for value-add or stabilization strategy depending on buyer's plan. Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR, producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to this listing. Please do not disturb tenants. Showings by appointment only.
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