Income-Producing Duplex - Investment Package Available Excellent opportunity to acquire a cash-flowing duplex with long-term tenants already in place. Both units are leased at $700 per month, generating $1,400 in monthly rental income, with leases secured through March 2027 for predictable returns and minimal vacancy concerns. Recent updates completed in 2024 include new windows and flooring, adding value while reducing near-term maintenance expenses. This well-performing property is ideal for investors seeking stable income and a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1038 Prouty, offering the opportunity to expand your investment portfolio with multiple income-producing properties.
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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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