Great positive cash flow for Investors looking for a good rate of return on the duplex that features a 1st floor, 3 Bedroom unit and a 2nd floor, 2 Bedroom unit that used to be a 3 Bedroom unit also. Each unit pays their own electric, gas and heat. Landlord only pays water & sewer on the utility side. The 1st floor unit enter into a common foyer area as does the 2nd floor unit. The 1st floor also features a spacious Living room and Kitchen which is meticulously kept by the current tenant. All appliances are included in this unit. Also featured is the 3 Bedrooms and the 1 full Bath. Currently renting for $1,025 per month. The 2nd floor unit also used to be a 3 Bedroom unit but was made into a 2 Bedroom unit by opening the 2 smaller Bedrooms into one 22 foot long Bedroom. This 2nd floor unit also features a Living room, Dining area, Kitchen, Laundry room area and one full Bath. Currently renting on a 2yr lease; $800 monthly for the 1st year, $820 monthly the 2nd, averaging $810 monthly per year. The property is located in a great area of West Deptford which is almost all single family homes which makes for a great investment. It is also conveniently located near the schools, hospital, shopping, restaurants and quick access to be in the City within 10 minutes and Delaware within 20 minutes. The property features: separate gas heaters, separate gas h/w heaters, separate central air units, separate gas meters, vinyl replacement windows, driveway parking for approximately 6 cars, encapsulated crawl space, aluminum siding, rear deck overlooking large rear yard and 2 storage shed for tenant to use. Hurry before this great investment property in a beautiful area of West Deptford is gone!
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.
