Description
TENANT OCCUPIED! Investor alert! Two duplexes on one lot (4 total units) with strong current returns and major upside. Property brings in over $27K/year with a 9.14% cap rate as-is. One unit vacant, fill it at $800"$900/month to push cap rate to 13%+. Priced aggressively at $239,900, cash preferred, sold as-is. Long-term tenants in place. Excellent value-add opportunity. Showings MUST be 24 hours notice. No owner financing and home to be sold as-is, where-is. CASH OR INVESTOR LOAN ONLY!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,740SQFT
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$138$/SQFT
School Information
Description
TENANT OCCUPIED! Investor alert! Two duplexes on one lot (4 total units) with strong current returns and major upside. Property brings in over $27K/year with a 9.14% cap rate as-is. One unit vacant, fill it at $800"$900/month to push cap rate to 13%+. Priced aggressively at $239,900, cash preferred, sold as-is. Long-term tenants in place. Excellent value-add opportunity. Showings MUST be 24 hours notice. No owner financing and home to be sold as-is, where-is. CASH OR INVESTOR LOAN ONLY!
