Investor Opportunity! This income-producing duplex currently generates approximately $27,900 in gross annual rental income. The property is occupied and offers immediate cash flow with additional income potential. The owner currently pays the water and sewer service for the entire building, as well as utilities for one side of the property. With strong rental demand and established tenancy, this property presents an excellent opportunity for investors seeking to expand their portfolio or begin building wealth through real estate. Financial information is believed to be accurate but should be independently verified by buyers.
Property is equipped with 2 gas furnaces and 2 central air conditioning units. Per CLS Property Management, 2 tenants currently reimburse the owner through a RUBS (Ratio Utility Billing System). Owner pays the water and sewer bill for the entire building and then allocates utility charges to tenants through the RUBS system. There are 2 separate electrical service panels/meters, one serving each unit.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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