Collect cash as a landlord (4.1% Cap Rate) or move in this duplex with your extended family. A corner lot w/ two detached structures, this is the original home offering an investor the ability to continue a strong income from current residents or renovate the building in a gentrifying neighborhood. The second structure has its own address and is an apartment over a two-car garage with laundry hookups and a half bath. 343 Park Street is a 3 bed and 1 bath with substantial front yardage and a sizable living/dining area. It rents for $2,950 per month (Tenants pay all utilities) and the current lease term is month-to-month and any purchaser could move-in or renovate this unit once current residents move-out. 465 Cypress utilizes is a 2 Bed 1.5 Bath with a two-car garage that offers plenty of space along with an in-unit washer and dryer. The current residents pay $3,311 in rent per month (Tenants pay all utilities) and have tenancy until 19 June 2021. Great investment opportunity!
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