Well-Maintained and Low Maintenance Package Deal Two Duplex Home

Asking $ 725,000
  • Well-maintained properties on the same large lot.
  • These roomy investment properties were built in 2014.
  • Feature one-level, open floor plan, single-car garages, and easy-cleaning, allergy-free porcelain tile throughout.
  • Each unit includes two bedrooms and two baths with large vanities.
  • The larger bedrooms have two closets and the larger bathroom has an accessible shower.
  • All units have a large laundry room/pantry.
  • Wired for high-speed Internet for working from home.
  • Extra guest parking is available.
  • Each unit also has a covered front porch, and there is a nice private backyard with a picnic table for all units.
  • Best of all, these units are located on a quiet corner lot but are within walking distance of downtown Ringgold schools, shopping, and dining.
  • Sold together as a package deal; will not sell separately.
  • Call to schedule your private showing today!
  • Also, please be aware that sellers have been generous in setting rent low in recent years.
  • While the current gross rents are about $5,000 per month, the fair market monthly rent for these units is estimated to be closer to $6,750 per month.
  • Sellers are in the process of gradually raising rents accordingly.
  • Updated On:
  • November 7, 2023
  • 8 Bedrooms
  • 8 Bathrooms
  • 4,688.00 ft2
  • Year Built: 2014
Property Id : 61392
Price: Asking $ 725,000
Property Size: 4,688.00 ft2
Property Lot Size: 20,473.00 ft2
Rooms: 24
Bedrooms: 8
Bathrooms: 8
Year Built: 2014
Garage: Attached
Garage Size: 4
External Construction: Cement Fiber Siding
Roofing: Shingle
Rent (mo): 6750
ROI (ann): 25.2
Cashflow (mo): 1192
Property Taxes (mo): 340
Insurance (mo): 395
Repairs (mo): 75
Management Fee (mo): 500
Leasing Fee (ann): 1875
HOA (mo): 0
Vacancy Rate (ann): 48
Other Features
back yard
fenced yard
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 4,343.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,436.87

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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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