Exceptional Passive Income-Producing Duplex Property

Asking $ 565,000
  • If you are an investor looking for a solid return, you have found the right place.
  • This property is currently renting at a 10% cap rate and this duplex is priced well below the competition and has a lot more charm!
  • With oversized rooms and ample storage with doors on opposite sides, this one doesn’t even feel like a duplex.
  • There are beautiful features on both sides with vaulted ceilings and 20ft rock fireplaces with cedar beams, this one is sure to impress.
  • Each unit includes a 2-car garage with workspace for the tenant’s convenience.
  • Convenient to major highways, universities, medical facilities, and the downtown area, this one will have no problem staying rented.
  • Updated On:
  • January 24, 2024
Property Id : 61716
Price: Asking $ 565,000
Property Size: 4,557.00 ft2
Property Lot Size: 4,557.00 ft2
Rooms: 16
Bedrooms: 6
Bathrooms: 4.5
Year Built: 1973
Garage: Attached
Garage Size: 4
Basement: Crawl
Rent (mo): 4500
ROI (ann): 14.7%
Cashflow (mo): 39
Property Taxes (mo): 804
Insurance (mo): 200
Repairs (mo): 200
Management Fee (mo): 356
Leasing Fee (ann): 1335
HOA (mo): 0
Vacancy Rate (ann): 48
Other Features
back yard
deck
fireplace
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 3,384.64
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,678.39

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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