This is a terrific CASHFLOW machine! 11.7% cap rate including property management. This duplex has been remodeled from top to bottom. This is a very desireable rental. Each unit has 2 bedrooms, 1 bathroom, is 650sf, and has it's own private back yard. This block duplex is on a large quarter acre lot(10,415sf). This is not by a lot of multi-family properties, this is in a neighborhood. Some upgrades include tile, paint inside and out, stucco, new fixtures in kitchen and bathroom, NEW AC UNITS, window coverings, and complete landscaping in front and back. Unit A rents for $650 plus tax, unit B rents for $750 plus tax. Total gross rents are $1,428 per month. Tenants pay for electric, cable, and gas. Landlord pays for water and landscaping. This is a turn key property.
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.
