Great Investment Opportunity Fully Occupied Duplex Home

Asking $ 240,000
  • 2 Bed 1.5 Bath in each Unit in a Convenient Location.
  • Total Gross Rental Income of $1835/month.
  • Slightly below market Rate Rent with recent 1 year lease term to the end of February 2025 at $1085/month.
  • Below market rent with long term tenant in a month to month lease at $750/month.
  • Roof replaced 2018.
  • Flooring in both units replaced in 2024.
  • Side A water heater replaced in 2024.
  • Owner to sell ”AS IS.”
  • Updated On:
  • May 12, 2024
Property Id : 66114
Price: Asking $ 240,000
Property Size: 1,900.00 ft2
Property Lot Size: 13,503.00 ft2
Rooms: 9
Bedrooms: 4
Bathrooms: 3
Year Built: 1981
Roofing: Shingle
Rent (mo): 2050
ROI (ann): 21.4%
Cashflow (mo): 183
Property Taxes (mo): 145
Insurance (mo): 175
Repairs (mo): 150
Management Fee (mo): 160
Leasing Fee (ann): 500
HOA (mo): 0
Vacancy Rate (ann): 48
$ 1,437.72
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,137.72

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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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