Tenants have leased the property for over 10 years. Currently setup as a duplex with father and son living in each unit respectively. Tenants mail a cashiers check on 6th of every month for $700. The father is on social security income and the son works as a waiter in downtown. The tenants have done their own rehab on the house and continue to make improvements. Great cashflow property. 12.5% capitalization rate on this reliable and effortless rental home. The yearly NOI is $7021. Great rehab potential. Turn key rental. Motivated as is investor handy man rehab investment
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