Average square foot calculated using Size range provided by listing agent.
Description
Turnkey Duplex with Strong Rental History Discover a well-maintained income-producing duplex located on DeLeon Street, perfect for both seasoned investors and those looking to start their real estate portfolio. With a calculated 5% cap rate based on a $250, 000 purchase price, this property offers a solid return in today's market. Each side of the duplex is currently rented, generating $1, 825 in total monthly income ($815 and $1, 010). The property's low monthly expenses - including approximately $290 for insurance, $285 for property taxes, $150 for management, and $100 for lawn care - help ensure steady cash flow and a hassle-free investment. This duplex has been thoughtfully maintained over the years with major upgrades already completed, including a 2017 dimensional shingle roof, two newer hot water heaters (2016 and 2024), and two updated AC units (2019 and 2021). The home is protected by a current termite bond with Stark Exterminators.Show Description
MLS® Number1056439
Laundry Level
Central VacNo
FireplaceNo
Acreage0.24
Exterior
GarageNo
Approx. Age1987
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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