Turn-Key Duplex Investment Property – Annual ROI of 22.4%

Asking $ 215,000

New Year’s resolution to become an investor? Here is a prime opportunity to build your portfolio at a VERY accessible price point. Or, if you prefer to owner-occupy and get your mortgage paid for, this is the building for you!

  • This sturdy duplex offers the 1F unit occupied by a long-term tenant paying $950/month and the upstairs ready to rent!
  • Both units have had cosmetic sprucing such as newer flooring, neutral paint, and light fixtures.
  • Additionally, the main roof has recently been inspected and repaired and the garage roof replaced recently.
  • Both units offer 2 bedrooms, a formal living and dining room, a spacious kitchen, and an additional sunroom off that would make for a great office.
  • There is laundry available in the basement along with nice storage possibilities and a two-car garage in a fenced-in yard to boot!
  • Additionally, these units rent quickly due to the desirable location.
  • They sit a stone’s throw from Onesto, Cafe Nova, Novella Wine bar, and Salt and Smoke BBQ.
  • Updated On:
  • January 24, 2024
Property Id : 57535
Price: Asking $ 215,000
Property Size: 2,304.00 ft2
Property Lot Size: 3,838.00 ft2
Rooms: 10
Bedrooms: 4
Bathrooms: 2
Year Built: 1923
Garage: Attached
Garage Size: 2
External Construction: Brick
Rent (mo): 1900
ROI (ann): 22.4
Cashflow (mo): 114
Property Taxes (mo): 158
Insurance (mo): 110
Repairs (mo): 150
Management Fee (mo): 141
Leasing Fee (ann): 58.6
HOA (mo): 150
Vacancy Rate (ann): 4
Other Features
back yard
fenced yard
$ 1,287.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,019.21

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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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