Landlord ready, fully leased duplex ( 12 month leases)
Main unit rent $1,100/month, 2bed/1 bath, 900 sqft
Secondary unit rent $950/month, 2bed/1 bath, 600 sqft
Tenants pays all utilities
Rents $24,600 yr
Cap rate at 12.3
Firm at $199,500
Built 1960, 2024 Completed rehab – all new appliances, drywall repair, quartz countertops, electrical work, paint inside and out, installation 5 mini splits, new exterior doors, plumbing redone both baths,new light fixtures.
Roof – repaired – some wood on fascia, WPI certified in 2011. No evidence of leaks
Foundation – no known issues
Central location, STRONG Rental Market, Ample parking, on time paying tenants
Contact Lisa for further questions 361-695-1943