Incredible investment opportunity in the Fan. This 1908 historic Duplex is waiting for a new owner with vision. Assessed (2022) for $488,000, this Duplex is being sold "As-is". Views of iconic Sauer's Spices neon sign and steps from Whole Foods on Broad. These are prime rental units with over 1500 sf each. The building has all updated electrical, 15 year old roof and well maintained, 9 year old HVAC units, 2 year old water heaters (tankless for downstairs unit & tank up). The upstairs unit needs some minor work to be ready for immediate rental income (approx. $1200mo). The downstairs unit needs more investment/renovation. The downstairs dining room has a corner with damaged floor joists. The property was recently treated for termites (see attached treatment invoice from Hickman's termite). Original mantels in almost every room, original pocket doors, claw foot tubs, and pretty hardwood floors. Bright sunshine streams through both units. Beautiful bay window in upstairs unit and porch off of kitchen. Downstairs unit has deck. Excellent price for historic duplex with promise of excellent rental income. Meadow park is a block away and great restaurants, bars and shopping surround it.
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.
