Summary
This investment property is split between a 3/1 unit that is currently occupied by a tenant and a 1/1 unit that is vacant. Regarding condition, the 1bed is in good shape with new counters in the kitchen, could use some minor cosmetic if desired but not necessary. The 3bed has tiled floors and central heat & air, the roof is 10 years old as well. The occupied 3bed unit is bringing in $625/month for rent and the 1bed vacant unit used to bring in $425/month. Market rents suggest a higher yield.
STATS:
- Bed/Bath: 3/1 & 1/1
- Sqft: 1616 (900 & 716)
- Lot Sqft: 10,320
- Rents: $1025 (actual)
- Market rents: $1400
SOLD MLS DUPLEXES:
- 915 Stetson Ave - (2/2, 1306sf) - $95,000 (Similar Condition)
- 114/116 W Vardeman Ave - (4/2, 1328sf) - $76,000 (Uknown Condition)
- 2604 Terrace Dr - (3/2, 1165sf) - $79,900 (Similar Condition)
1. Tallbridge Real Estate is selling their equitable interest in the contracts to purchase the aforementioned properties. All properties are sold for cash or hard money.
2. Buyers responsibility to do your own due diligence and verify all information.
3. Prices are NET to seller with buyer paying all closing costs unless otherwise stipulated.
4. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold