Average square foot calculated using Size range provided by listing agent.
Description
Very Large Duplex - Fully Rented - Strong Cash Flow. This spacious duplex is fully occupied and generating $2, 500/month gross rent with tenants paying gas and electric keeping landlord expenses low. Lower Unit - Rented for $1, 300/month. An enormous 3-bedroom, 2-bath apartment, nicely maintained with updates throughout. Includes in-unit washer/dryer hook-ups. Furnace replaced in 2017, hot water tank newer. Upper Unit - Rented for $1, 200/month. A spacious 3-bedroom apartment with access to a walk-up attic for storage and its own washer/dryer hook-ups. Furnace replaced in 2023, hot water tank new in 2016.Highlights -Tenants pay all utilities (gas and electric) - Strong rental income - $30, 000/year gross. - No immediate repairs needed. - Newer mechanicals (furnaces & hot water tanks). - Excellent turnkey investment with great cash flow. CAP RATE APPROXIMATELY 14%This duplex is priced to sell and is a perfect addition to any investor's portfolio!Show Description
MLS® Number20253570
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0733
Exterior
GarageNo
Approx. Age1930
BasementPartial
DrivewayOff Street
Garage Spaces
HeatNatural Gas, Forced Air
A/C
Heating Fuel
Extras
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