Well-Maintained Duplex Home – Investment Opportunity

Asking $ 375,000
  • Within walking distance to the Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails.
  • All of these amenities are just moments away from this quiet, peaceful street.
  • Both units are spacious with ample storage.
  • Each unit has one bedroom, one bath, off-street parking, and access to the large, fenced, and flat backyard.
  • Alley access in the back could add more parking.
  • A large storage building in the back allows for all toys and tools to be neatly stored away.
  • The electrical and plumbing have been updated.
  • Kitchens, bathrooms, flooring, insulated windows, and a 35-year roof have been updated in recent years.
  • Average rent rates for a one bedroom/one bath in the area are $1200, pulling $2400 for both units.
  • 30-day furnished rental rates vary from $1800-$2000/mo.
  • Units do not share utilities.
  • Have your mortgage paid when you live on one side and short-term rent on the other.
  • With so many options, this opportunity will not last long.
  • Updated On:
  • June 1, 2024
  • 2 Bedrooms
  • 2 Bathrooms
  • 1,344.00 ft2
  • Year Built:1960
Property Id : 61672
Price: Asking $ 375,000
Property Size: 1,344.00 ft2
Property Lot Size: 8,276.00 ft2
Rooms: 6
Bedrooms: 2
Bathrooms: 2
Year Built: 1960
External Construction: Siding
Roofing: Shingle
Rent (mo): 3000
ROI (ann): 21.7%
Cashflow (mo): 270
Property Taxes (mo): 150
Insurance (mo): 225
Repairs (mo): 75
Management Fee (mo): 232
Leasing Fee (ann): 725
HOA (mo): 0
Vacancy Rate (ann): 48
Other Features
back yard
$ 2,246.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,777.69

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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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