Retirement calls! PRICED TO SELL. Clean (inside painted 2019) and MOVE-IN READY! Rent one live in the other. Or great investment for landlords! 1. Duplex (2 houses in one), up and down; it’s a big house overall - Total Finished Living Area 1,696.00 Sq. Ft. Duplexes are known to retain their value for investors/landlords. 2. It was quite the wreck, then I restored it and put $20,000 into it, to include a new furnace (and this year 2021 installed another new furnace), hot water heaters, windows, and many other items, including 2019 painting of all rooms. The city appraised (fair market value by looking at the needs-painted outside) and under-assessed fortunately at $34,000 and real estate taxes correspond accordingly. With all the inside upgrades, this property is worth $43000 - 49.500. 3. I initially rented both sides to University students, $575 and $600, for a total of $1175 income per month. 4. FEATURES: 2 living units, 4 bedrooms (though the old description said 3), 2 ½ baths, Total rooms: 9, full basement, washer-dryer hookups and utility tub, 2 furnaces. 2 new hot water tanks (2020), some newer energy-efficient windows. Great solid foundation of house with no crooked floors, wooden floors throughout – oak floors downstairs, 3-bay garage with new (2009) roof and 2 automatic garage door openers considered “very good” condition as cited by Jefferson County Market Values. Attic “¼ finished.” 5. You will have to get your own home inspector, as the house will be sold in “as is” condition. I (nor the previous tenant) have not seen any signs of leakage from the roof, though it looks like it should be replaced within a couple years. I go through Ohio Valley Title for its sale. 6. NOTE: I will pay the real estate taxes before the sale. 7. There currently is a “jumper” tying together the electric for both units on one to save money; you may opt to keep it like that or pay two separate electric bills. However, for the sake of keeping things safe and legitimate, I can disconnect that jumper. 8. Roof is old but not leaking. The roof and the need for exterior painting is taken into consideration with the asking price. 9. Gas supply can be on 2 separate meters or one. 10. Before selling, buyer must view property by himself or agent.
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