Fantastic Opportunity with 2 bedroom / 2 bath Duplex units that could each become 3 bedroom units that rent at $730/m each now and could bring a higher rent up to $1000/m with improvements. ADDITIONAL IDENTICAL DUPLEX also for sale for a total of 4 units. Rents are consistent with long term tenants in place. There is a 2nd Duplex on the adjacent property also for sale. WELL & SEPTIC systems in place for even lower monthly costs for tenants, all in great working order. The units passed a 4 point inspection in 2019 and carry low insurance costs with liability. New Septic System in 2018. Newer Roof. Current cap rate at 9% with potential to improve to 12% if improvements are made. Tenant pays electric. No HOA , No Deed Restrictions
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.
