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3 Units Duplex Residential Home in Madison – Great Revenue with Annual ROI of 45.6%

Asking $ 384,100
Fedders Drive, ,
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SOLD

Overview

  • Updated On:
  • December 27, 2020
  • 3 Bedrooms
  • 3 Bathrooms
  • 3,038.00 ft2
  • Year Built: 1967

Property Description

Showings will be limited to accepted offer. Submit your offer today!

  • Cashflow with the opportunity for more.
  • Great investment opportunity.
  • Property being sold As-Is.
  • This duplex has an attached lock-out unit.
  • All 3 units are currently leased at rent below market value.
  • Please do not disturb tenants.
Address: Fedders Drive
City:
Area:
State/County:
Zip: 37115
Country: United States
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Property Id : 27409
Price: Asking $ 384,100
Property Size: 3,038.00 ft2
Property Lot Size: 9,583.00 ft2
Rooms: 10
Bedrooms: 3
Bathrooms: 3
House Number: 512
Year Built: 1967
Garage: Attached
Garage Size: 2
External Construction: Brick
Roofing: Asphalt
Rent (mo): 3500
ROI (ann): 45.6
Cashflow (mo): 1597
Property Taxes (mo): 198
Insurance (mo): 135
Repairs (mo): 100
Management Fee (mo): 272
Leasing Fee (ann): 35
HOA (mo): 0
Vacancy Rate (ann): 4
walkscore17 / Car-Dependent more details here

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