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.
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