The home's $135,000 price tag represents an estimated 8.6% annual return on its owner's investment. This duplex produces $15,600 rent annually (each side rents quickly via free craigslist advertising at $650/month). Most recent annual taxes are $983.40. We've allowed a generous $3000 for annual repairs and vacancies. So annual income should be around $11616.60, which is 8.6% of 135,000. Each side of this duplex has: two bedrooms, one bathroom, a fenced back yard, mature trees, a one-car carport, a lockable storage area behind each carport, its own driveway, a gas range and new refrigerator, washer and electric-dryer hookups, and central forced-air heating and cooling. This duplex was owner occupied for years, and could be again. One side has a covered back deck, and the other could be used as a rental or mother-in-law apartment. We have always maintained the premises well and provided required repairs. Each side of the duplex has new: water heater, refrigerator, carpet, vinyl, ceiling fans with overhead lights, blinds, and paint. Each side has some new: plumbing, windows and electric. We have never allowed smoking or pets. The only things we know about that a new owner might want to repair are: cracks in the driveways, older kitchen cabinets in one unit, and older countertops in both units.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
