Amazing opportunity to own a duplex and rent to students or a traditional LTR!

691-693 SOUTH 5TH STREET!

One unit will be delivered vacant.

The Other unit has a tenant/college student in place. He has prepaid his rent up until May or the end of the tenants' school semester.Student tenant will stay in place until end of school semester, We have attached some photos of the vacant unit.

The seller has advised us that this property is currently used as a student homing facility and can achieve a total of $420 a month per bedroom/ per student each month or $1800-$2000 per semester per student/ room. There are 6 rooms between the 2 units.

If tenants were to be traditional single family tenants, the market rent could be $700-$800 per month for each unit.