My partners and I are selling a duplex we've owned for 2.5 years due to decreasing ROE. The initial tenants moved out, so we just placed a couple more and are selling it as a turnkey rental. You just need property management to make sure rent is collected and property is maintained. *We will pay buyer agents their 3%!* 1550 SF, 4/2 Each side rented at $845, total $1690/Mo (Rent is $875/mo, but they get a pay by the first discount of $30). Leases go through next Spring. Tenants currently pay online via Buildium (ACH). Condition: Had several updates in 2017: new roof, HVACs, vinyl windows, flooring, plumbing/elec fixtures, bathroom vanities, main water supply for 405 and all interior supply plumbing is new. 405 crawl space was wet, so a company graded the soil to drain into a daylight drain. 407 has a 2018 fridge and 2019 granite counter top in kitchen. The floors aren't perfectly level, but we never messed with it because it wouldn't change the rental income. 405 has 2019 water heater. We've invested a lot into it! Comps: Comp 1 - $182k Comp 2 - $176k +2 1/2 baths (13 months ago) Comp 3 - $148k +2 1/2 Baths If interested, best to email me any questions and offers.
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