Duplex Investment Opportunity Excellent income-producing duplex with long-term tenants already in place. If purchased at this price you return on investment will be 7.8%. Much better than a CD or annuity. This property features one 2-bedroom apartment and one 1-bedroom apartment, making it a great addition to any investment portfolio. 2-bedroom unit: Currently rented for $595/month on a month-to-month lease. 1-bedroom unit: Rented through HUD for $540/month. The owner currently pays the water bill for both units. The property also includes a paved parking area with space for up to four vehicles, providing convenient off-street parking for tenants. Recent improvements include: Roof replaced in 2023. Hot water heater for the 1-bedroom unit replaced in 2023. Hot water heater for the 2-bedroom unit replaced approximately 2021. This property is being sold as is. Listing agent is the owner. Whether you're looking to expand your rental portfolio or invest in a property with established rental income, this duplex offers immediate rental income and strong investment potential.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.